Landlords Call For Clarity on Pay-To-Stay Rent Rules

Landlords have branded new guidance on ‘pay-to-stay’ rules ‘tokenistic’ because councils lack powers to vet tenants’ incomes. The government last week announced its new social housing rent policy, which comes into effect next April. Guidance stated the government ‘does not expect’ councils to apply the normal rent formula to social tenants with high incomes - households with an annual income of £60,000 - but instead encourages them to charge those residents ‘a fairer level of rent to stay in their homes’. It said landlords should be able to charge these tenants up to full market rent. Read more on Inside Housing.