The new thresholds will apply to all contracts let and procurements that begin after 1 January 2020.
As you will be aware, RPs are currently in the middle of a four-year regime of annual rent decreases through the Welfare Reform and Work Act 2016 (the “2016 Act”). Until the recent announcement, the position post-2020 was not clear.
The Government has now confirmed that for five years from April 2020, the annual limit on rent reviews will be the annual change in Consumer Price Index (CPI) plus 1%. This reverts to the position before the 2016 Act and gives welcome certainty to associations regarding business planning.
As rent review time approaches over the next few months, do bear in mind our rent-review letter-checking service. For a fixed fee we will review your organisation’s standard rent (and service charge) review letters and enclosures to ensure they are compliant with the legislation, provisions of the relevant tenancy agreements, and regulatory guidance.
For more information
For more information generally about rents or our rent-review service, please contact Jonathan Cox.
The engagement report found four key areas for improvement; key person risk, pension board management, protecting members from scams and handling employer-related risks.
Many local authorities have declared a “climate emergency”; heat networks can be a part of the solution.
The Government have announced that there will be urgent reviews leading to the discharge of wrongly detained young people.
A review conducted by the MoJ found that the costs of the OPG to supervise deputyships between 1 April 2008 and 31 March 2015 did not match the fees that the MoJ had set.
Final accounts may mark the end of the delivery phase, but risks remain that must be managed appropriately to avoid disputes.
Following a consultation earlier this year, the Regulator of Social Housing (RSH) has now published the final form of the new Rent Standard.
Following their consultation earlier this year, the Regulator of Social Housing (RSH) has now published the final form of the new Rent Standard.
We are delighted to announce the following promotions within Anthony Collins Solicitors.
Procuring organisations who have to make substantial changes to a contract during an OJEU tender process can breathe a sigh of relief.
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