Property News · August 29, 2016

Social housing tenants face soaring rents under 'pay to stay' policy


More than 70,000 face average rise of more than £1,000 a year under scheme to ensure supposedly high earners pay market rentMore than 70,000 tenants face average rent rises of more than £1,000 a year under the government’s “pay to stay” policy aimed at ensuring supposedly high earners living in social housing are charged market rents.Councils have warned that nearly one in 10 social tenants in London and the south-east can expect rent rises, with those living in the capital facing an average monthly rent rise of £132. Continue reading…

Source : theguardian.com
Read more…Social housing tenants face soaring rents under ‘pay to stay’ policy

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