- News
- Comment
- In Focus
- A fair deal for housing
- Programmes
- Boardroom
- CPD
- Jobs
- Events
2023 events calendar
Explore nowBuilding Awards 2022
Keep up to date
- Product Search
- Subscribe
Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Industry figures welcome plan to set 7% limit rather than 5%
Jeremy Hunt has confirmed the government will limit social housing rent increases next year to 7% and not 5% as it previously suggested.
The chancellor, delivering the autumn statement earlier today, said the measure would “support people most exposed to high inflation”. Without intervention rents could’ve been put up by up to 11.8% under the existing inflation-linked limit.
Government had previously said 5% would be its preferred option but has now confirmed a higher limit of 7%.
Already registered? Login here
Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Sign up below to receive:
It takes less than one minute….
… or subscribe for full access - Subscribe now