Filter content by topic
Housing Management
Asset management
Care and support
Fire safety
Mergers and Acquisitions
Regulation and Governance
View All

Extra time may be allowed for housing associations to converge rents

David Orr said the government may allow extra time for social landlords at the National Housing Federation conference in Birmingham yesterday.

Linked InTwitterFacebookeCard

The government has cut short its policy of gradually aligning social rents. It is not planning to extend rent convergence beyond the 2014/15 financial year. This has concerned landlords which have yet to complete convergence. They were expecting to be able to increase their rents and if they are unable to do so their capacity to build could be affected.

Mr Orr said the NHF spent weeks ‘in very detailed conversations’ with government officials about the rent settlement and convergence was not even mentioned. He said ending of rent convergence ‘came out of the clear blue distance without anyone properly understanding the impact of it.’

However he said: ‘We started a conversation which I think, and [I’m] starting to get more optimistic,…will lead to a point where government will allow us to consider an extension beyond 31 March 2015, at least for some organisations.’

A consultation on rent convergence is likely to be published on 5 October, Inside Housing understands.

Read More

Councils in rent rebellionCouncils in rent rebellion

Linked InTwitterFacebookeCard
Add New Comment
You must be logged in to comment.

Related Stories

For general enquiries you can contact Inside Housing at:

3rd Floor, 4 Harbour Exchange Square, Isle of Dogs, London, E14 9GE

Tel: 0207 772 8300

© 2020 Inside Housing
All rights reserved