Question to the Department for Levelling Up, Housing & Communities:

To ask Her Majesty's Government what assessment they have made of the effect of the annual one per cent rent cut on the ability of housing associations to deliver effective services to their tenants.

The Government’s published Impact Assessment (attached) is available online: https://www.parliament.uk/documents/impact-assessments/IA15-006F.pdf. The 2017 Global Accounts (published by the Regulator of Social Housing) report that the housing association sector continues to be financially robust, with a total net surplus of £4.1bn - up from £3.3bn in the previous year.