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Setting rents for social housing - GOV.UK

OFFICIAL Setting rents for social housing Addendum to the sector Risk Profile 2019 March 2020 Setting rents for social housing 1 Contents 1. Introduction 2 2. Executive summary 3 3. Background 5 Current requirements 5 Future requirements 6 4. Common issues that increase the risk of non-compliance 7 Changing requirements 7 Exceptions from rent requirements 8 Affordable Rent 9 Service charges 10 New rental products 11 Data quality 11 5. Considerations for providers if rents are non-compliant 12 6. Communicating non-compliance with rent or data quality requirements 13 Setting rents for social housing 2 1. Introduction This document is an addition to the sector Risk Profile 2019,1 it supplements the section on rents and reiterates some of the themes set out in the addendum to the sector Risk Profile 2018 on lease-based providers of specialised supported The note is primarily aimed at private registered providers (PRPs) of social housing but is also relevant to other stak

housing sector, with specific requirements changing over time. Providers must ensure they fully understand and comply with the relevant requirements as these change. Rent and service charge income is the sector’s core revenue stream; setting them correctly is fundamental to financial viability. Adhering to all relevant law and complying with

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