​Failure to bring in convergence would negatively impact existing tenants, says government as it is sets out consultation

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MHCLG consults on whether weekly rents should be able to increase by a cash limit of £1 or £2 a year

Government has set out its proposals for reintroducing rent convergence in a consultation paper.

The Ministry for Housing, Communities and Local Government (MHCLG) has today published its plan, promised at the spending review, to reinstate the policy following mounting concern about registered providers’ financial capacity.

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