Although we are still waiting for the publication of the new Regulatory Framework from the HCA, at the end of last year the HCA did publish its ‘Guideline rent limit for private registered providers 2015-2016’.
The key principles from that are:
- Both social and affordable rents should be increased by no more than CPI + 1%;
- The +£2 per week for social rents is no longer permitted (unless you have a waiver from the HCA); and
- (As previous guidance) private RPs should endeavour to keep increases in housing benefit eligible service charges to no more than the guideline limit of CPI + 1%.
If you have any questions about rent increases or would like us to review your rent increase letters, please contact Emma Hardman on 0121 214 3617 or at emma.hardman@anthonycollins.com.