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Housing Today
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MHCLG appears to rule out rent convergence, warning it would hit residents’ disposable income and increase welfare bill
MHCLG admits reintroducing rent convergence would help social housing providers’ finances but warns against the measure in consultation paper
The government has seemingly ruled out re-introducing social housing rent convergence due to concerns about the cost-of-living impacts on households.
The Ministry of Housing, Communities and Local Government yesterday published a consultation paper on its plans to introduce a new five-year CPI-linked rent settlement for social housing providers from 2026.
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