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One of the housing providers who have been piloting the
tenant cashback policy is dropping the name ‘cashback’ from the title. Grant
Shapps attempted to kick-start his plans to allow tenants to control their
repairs budget last month. He urged landlords “not to deny” their tenants the
opportunity to take it up when it comes in this month. As part of the plans,
tenants can request to set it up with their landlord. However, landlords have voiced concerns about
the scheme and feel the policy has no “statutory backing” under the new
regulatory regime where the regulator – a committee inside the Homes and
Communities Agency (HCA) – will intervene only if there is “serious detriment”
to the tenant. One said: “It’s highly
unregulatable as there is no statutory backing to this. If a landlord fails to
offer the scheme is that ‘serious detriment’ to tenants?” The Together Group had been piloting a
‘sustainable tenancies’ model but a spokesman said the word ‘cashback’ was
misleading. Read more on 24dash.
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