Some Landlords Could Be Exempted From Rent Cut

Social landlords could be exempted from new rules forcing them to lower rents by 1% a year if such a move would threaten their financial viability. A clause in the Welfare Reform and Work Bill says social landlords could be exempted from the rent decrease if complying would ‘jeopardise’ their finances. The exemption would need to be approved by the secretary of state. Read more on Inside Housing.