Council Rents After 2020

The government has promised further discussions with the housing sector before setting out a new rent policy for the period beyond 2020 "in due course". The policy will help raise borrowing against future income. The recent Housing White Paper confirmed the government will continue with its policy of reducing council and housing association rents by 1% a year for the next three years but promises an announcement "in due course" on a rent policy for social housing landlords (both housing associations and local authorities) for the period beyond 2020. The earliest likely date for an announcement on a new social rent policy is this year's autumn Budget. Read more on the ARCH website.