Friday, 26 August 2016

Councils axe build programmes after rent cut

Councils have axed thousands of homes planned under fledgling development programmes, as they battle to accommodate the 1% rent reduction imposed by the government.

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  • Councils plan for PFI rent cut exemption

    11 February 2016

    The government is considering granting housing built through private finance initiatives an exemption from the rent cut, according to council business plans.

  • Landlord to axe 10% of staff after rent cut

    23 September 2015

    A housing association is looking to make nearly 10% of its staff redundant as a result of the government’s social rent cut.

  • District councils warn of £718m rent cut hit

    16 September 2015

    District councils have warned the social housing rent cut will lead to a loss of £718.6m in rental income over four years, prompting them to slash spending on new housing.

  • Councils call for reduction to rent cut length

    15 September 2015

    London Councils is imploring the government to reduce the social rent cut from four to three years as it battles to plug an £800m black hole in housing budgets.

  • Councils to build more homes after government defeat

    27 August 2015

    Two councils in Devon have said they can now build more than 100 extra affordable homes because of a High Court ruling that overturned the government’s policy to strike affordable housing from small developments.

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