Question to the Ministry of Housing, Communities and Local Government:
To ask the Secretary of State for Communities and Local Government, whether social rents will revert to the previously agreed settlement of Consumer Price Index plus one per cent from 1 April 2020.
The Government has announced plans to set a long term rent deal for councils and housing associations. Under the proposal announced on 4 October, increases to social housing rents will be limited to the Consumer Price Index (CPI) plus 1 per cent for 5 years from 2020. This announcement recognises the need for a stable financial environment to support the delivery of new homes.