Tuesday, 16 May 2017

88% Of Social Rents Could Increase Without Exceeding LHA Cap

Nearly nine out of ten social homes in the country could increase their rents without hitting the Local Housing Allowance (LHA) cap level.  In looking at rents in the social housing sector, Savills have found that although this is true, “the scope will vary across the country.” They also had a warning for the social housing sector when thinking about rent increases: “Hitting up against the LHA caps could bring housing even closer to the politics of welfare. Rents must be affordable to households both in and out of employment.” Following calls from providers to set their own rents, Savills are somewhat for and against the idea. Read more on the Savills website.

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