The Homes and Communities Agency (HCA) introduced a fee
system this month under which providers pay a one-off registration fee of
£2,500 and, if they own more than 1,000 homes, an annual fee of £4.72 per home.
Providers with fewer than 1,000 homes pay a flat fee of £300 a year. The
statement sets out the HCA’s regulatory priorities and gives a breakdown of how
the regulator’s £7.5m budget will be spent. The regulator intends to make more
use of automated data analysis, invest in its staff through recruitment and
training and prepare to become a standalone regulator once the legislation has
been passed in parliament. Read more on the HCA website.
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