The Regulator of Social Housing (RSH) has confirmed a 72% increase in annual fees for larger registered providers as part of a shake-up to ensure its expanded regulatory regime can be funded.

The RSH, following a consultation, has confirmed providers with more than 1,000 homes will from 1 July pay a fee of £9.28 per social housing unit owned, up from £5.40 previously. It means providers will now be paying for the full cost of their regulation.