More Freedom On Rents Will Mean Greater Scrutiny, Says Regulator

The ability to raise rents under the new Rent Standard will be accompanied by greater scrutiny, including from government, the chief executive of the Regulator of Social Housing has said. With the end of the four-year rent cut and the implementation of the regulator’s new Rent Standard, which applies to housing associations and local authorities, providers will be able to increase rents by up to Consumer Price Index plus one per cent over the 2020 to 2025 period. This greater freedom in rent-setting will come with greater scrutiny by stakeholders, “including government”. Read more on the Social Housing website.

https://www.socialhousing.co.uk/news/more-freedom-on-rents-will-mean-greater-scrutiny-says-regulator-63474?utm_source=Housing60&utm_medium=email&utm_content=article_link&utm_campaign=H60