Friday, 16 March 2018

Government ‘Should Drop Last Year Of Rent Cut’ To Fund Fire Safety Work


At the National Housing Federation finance conference in Liverpool Waqar Ahmed, group director of finance at L&Q, said the government could “by a switch of their pen” scrap the 1% rent cut in 2019/20 and this would generate £2bn for the sector to help pay for fire safety work. David Orr, chief executive of the National Housing Federation, said the sector had “heard a lot of noise” from government but seen “very, very little concrete action”. He added: “It’s very difficult to point to something and say as a result of Grenfell the government has done this.” The government could decide not to charge VAT on fire safety work carried out by landlords, Mr Orr said. Read more on Inside Housing.

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