Thursday, 24 January 2019

Social Rented Housing: Rents – Parliamentary Written Answer


Lord Greaves: To ask Her Majesty's Government whether they plan that the one per cent reduction in rents for social landlord properties each year will continue after 2020.
Lord Bourne of Aberystwyth: The Government announced plans in October 2017 to set a long term rent deal for councils and housing associations. The proposal is for increases to social housing rents to be limited to the Consumer Price Index (CPI) plus 1 per cent for 5 years from 2020. The Government consulted on these proposals in the Autumn. Details of the consultation are available online here: https://www.gov.uk/government/consultations/rentsfor-social-housing-from-2020-to-2021  We are currently analysing the feedback and we aim to publish our response to the consultation by the Spring.

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