Councils warn rent reductions will cost £2.6bn over four years

Plans to cut social housing rents by 4% will cost councils £2.6bn by 2019/20, new analysis has revealed.

By Laura Sharman | 21 July 2015

Plans to cut social housing rents by 4% will cost councils £2.6bn by 2019/20, new analysis has revealed.

The Local Government Association (LGA) has warned that the proposals, being debated today as part of the Welfare and Work Bill, will place an ‘additional financial burden' on councils as 70% of social housing tenants receive housing benefit so will not be impacted directly.

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Popular articles by Laura Sharman

  1. Gove signs devolution deals for Norfolk and Suffolk
  2. Autumn Statement: £1bn extension to Household Support Fund
  3. Autumn Statement: Social housing rent rise capped at 7%
  4. Directors warn needs of older and disabled people will not be met this winter
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