Housing Association Rents Fall By 1.3% In 2016/17

Housing association rents in England have dropped by 1.3% on average in the first year of rent cutting, statistics from the Homes and Communities Agency (HCA) have revealed. The social housing regulator’s Statistical Data Return showed that the average housing association rent fell from £97.84 a week to £96.61. There were fairly wide regional variations, with falls of 1.8% in Yorkshire and the Humber contrasting with falls of just 0.9% in both the East and West Midlands. Read more on the HCA website.