We have today written to all social landlords providing advice relating to the developing policy position on rent increases. The letter sets out our expectations around landlords’ approach to tenant consultation on rent increases post 31 March 2023 and its Annual Assurance Statement following the introduction of emergency legislation to cap rent increases at 0% until at least 31 March 2023. The letter also highlights the critical importance of RSLs reviewing their business plans to understand the potential impact of the rent cap on its ability to deliver services.
SHR issues advice to social landlords on rent setting, Annual Assurance Statements, and business planning
07 October 2022