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Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Impact assessment of government proposal to limit affordable rent increases shows hit to social housing providers
Government plans for a rent cap will see social landlords lose nearly £7bn in rents over the next five years if implemented, according to a government impact assessment.
The assessment, published alongside today’s consultation on a draft rent standard “direction” limiting rent rises in social housing to 5% next year, also makes clear that a more generous offer to tenants – limiting rents to just a 3% rise next year – would hit landlords significantly harder.
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