";s:4:"text";s:19128:"The current Rent Standard issued in 2015, can be found on the Regulatory Standards page. Para 2.2, Rent Standard, Regulator of Social Housing, April 2015. annual increases in rents. This briefing aims to update local authority (Social Care and Housing) and NHS Commissioners on the current position. Rent Standard Guidance issued by the Regulator of Social Housing provides details of how initial affordable rents should be set up. Note the reference at s2.2 of the Guidance to there being no possibility of playing “catch-up” in later years where CPI + 1% is not applied in The “Standards of Performance” are set by the Welsh Ministers in accordance with section 33A of the Housing Act 1996. on Rents for social housing from 2015 to 2016 consultation was published in October 2013 with a summary of responses published in May 2014. Want to see our social housing regulator said that is in scotland are monitored by the rsl, we take account. 1.1.2 Registered providers shall enable their tenants to gain access to opportunities to exchange their tenancy with that of another tenant, by way of internet-based mutual exchange services. Government confirms annual CPI+1% rent increase and extension of rent standard to local authorities. (c) a standard set under section 194(2A) of the Housing and Regeneration Act 2008 (the power of the regulator to set standards relating to levels of rent) that was published by the regulator before 8 July 2015; (a) The type of tenancies they will grant. Registered social landlords: accounting requirements general determination (Wales) 2015 Guidance for Registered Social Landlords about their financial accounts from 1 April 2015. The regulator is monitoring housing pressures caused by the response to the pandemic - A blog by our Chief Executive, Michael Cameron ARAC minutes 9 March 2020 SHR Board Meeting - Minutes 5 … (This requirement does not apply where tenants choose to move to accommodation let on Affordable Rent terms). 3 Dictionary The dictionary in schedule 2 defines particular words used in this regulation. We’ll send you a link to a feedback form. The Regulator of Social Housing is consulting on the new rent standard to apply from 2020 which is based on the direction from the Secretary of State for Housing, Communities and Local Government and to government's rent policy which fills in additional details. The Standard … (h) The advice and assistance they will give to tenants on finding alternative accommodation in the event that they decide not to grant another tenancy. 2.1.1 Registered providers shall co-operate with local authorities’ strategic housing function, and their duties to meet identified local housing needs. Don’t worry we won’t send you spam or share your email address with anyone. The most recent iteration of this was the regulator’s Rent Standard (including the Rent Standard Guidance) in 2015. It sets the requirements around how registered … 2.2.3 Before a fixed term tenancy ends, registered providers shall provide notice in writing to the tenant stating either that they propose to grant another tenancy on the expiry of the existing fixed term or that they propose to end the tenancy. Schedule 2 to the 2016 Act introduces, for a period of 4 years, requirements about the maximum levels of rent for social tenancies beginning after the beginning of 8 July 2015. Don’t include personal or financial information like your National Insurance number or credit card details. The Rent Standard is one of three economic standards that the Regulator of Social Housing expects registered providers to comply with. We’ll send you a link to a feedback form. In March 2020 we published: Setting rents for social housing - An addendum to the Regulator of Social Housing’s 2019 Sector risk profile. 1. Added Local authority guidance for formal applications to disapply government rent policy. The aim of the formula-based approach is to ensure that similar rents are paid for similar properties. (3) The regulator must have regard to the Rent Policy Statement when setting the rent standard. 2.1.11 Registered providers shall provide reasonable support in using the service to tenants who do not have access to the internet. Increasing property prices and a shortage of housing mean that more people than ever before are struggling to meet their housing and private rental costs, creating a lucrative market for people who are willing to exploit the sector for their own gain. A new ‘Rent Standard’ from the regulator comes into force on 1 April, as social landlords are able to raise rents for the first time since 2016 following four years of rent cuts. The average weekly pitch rent has increased from £66.02 in 2015 to £72.14 in 2019. Social rent housing 6.—(1) This paragraph applies in relation to the rent of accommodation that is not affordable rent housing. The regulator has issued guidance on how market rent should be calculated, and service charges are included. (d) Any exceptional circumstances in which they will grant fixed term tenancies for a term of less than five years in general needs housing following any probationary period. However, in 2015 then-chancellor George Osborne announced that he would abandon this settlement in favour of 1% annual reductions for four years in a … Old versions of the site including older publications, consultations and information are available at SHR Web Archive This document contains adjusted tables to help providers ensure that they use the correct annual percentage to inflate their rent. Download Social Housing Regulator Rent Standard Guidance doc. These provisions are broadly aligned with the current rent standard. One of the new terms provided by the Direction is the ‘2020 limit’. In Autumn 2018, a specialist supported housing provider (SSH) nearly went into insolvency prompting the Regulator of Social Housing (RSH) to look more closely at other housing providers who operate a similar model. Applying the Rent Standard to local authorities . In calculating household income, only the income of the tenant or joint tenants, and their spouse, civil partner or cohabitee are to be taken into account. It was worked ... regulator to set a standard on rent that reflected the same policy. Setting rents – the Rent Standard. Social Housing’s (RSH) Rent Standard in relation to those properties which are subject to the standard. We’d like to set additional cookies to understand how you use GOV.UK, remember your settings and improve government services. The government’s consultation included a proposal to direct the Regulator of Social Housing to apply its Rent Standard to local authority registered providers, and that the Rent Standard should apply the same requirements to both groups. To view this licence, visit nationalarchives.gov.uk/doc/open-government-licence/version/3 or write to the Information Policy Team, The National Archives, Kew, London TW9 4DU, or email: psi@nationalarchives.gov.uk. 8 City Walk 2.1.10 Registered providers shall take reasonable steps to publicise the availability of any mutual exchange service(s) to which it subscribes to its tenants. 1.1.1 Registered providers shall let their homes in a fair, transparent and efficient way. 2.2.7 Registered providers shall develop and provide services that will support tenants to maintain their tenancy and prevent unnecessary evictions. Read more It does not examine housing finance, new building or the wider housing market in any depth. We set a target for local authority landlords and registered social landlords to bring their housing stock up to SHQS standard by April 2015. Where we have identified any third party copyright information you will need to obtain permission from the copyright holders concerned. (e) The circumstances in which they may or may not grant another tenancy on the expiry of the fixed term, in the same property or in a different property. (2) The maximum weekly rent for a new tenant is formula rent. if the accommodation is supported housing, 10% of formula rent; or. The regulatory standards are an element of the Regulatory framework for social housing in England. Setting rents for social housing 3 2. In some circumstances, private registered providers can apply for an exemption to the Rent Standard – please refer to the “Making a formal application for an exemption to the Rent Standard” guidance for more details. We use some essential cookies to make this website work. The Referrals & Regulatory Enquiries Team Email NROSHenquiries@rsh.gov.uk Telephone 0300 1245 225 Frequently Asked Questions: Statistical Data Return (SDR) What should I record if the formula rent is higher than the rent cap? Emergency repairs. Regulator of Social Housing: Consumer Standards ... HCA May 2015 • Tenant Involvement & Empowerment Standard: July 2017 • Home Standard: ... • the Rent Standard The Compliance Committee is delegated to undertake an annual assessment of compliance against these “economic” standards. “the Rent Standard” means the standard published in January 2015 by the regulator under section 194(2A) of the Housing and Regeneration Act 2008 (the powers of the regulator to set standards relating to levels of rent)(); “the Rent Standard Guidance 2015” means the guidance on the Rent Standard published in January 2015 by the regulator; SHRA is a public entity in terms of Schedule 3A of the Public Finance Management Act, No. The Housing Revenue Account Subsidy (Wales) Determination 2014-2015 (2014 No.4) Legislation. Lettings at affordable rents are defined as low cost rental accommodation and as such are social housing. The guidance confirmed the intention to proceed with its policy of ending rent convergence in April 2015, and that CPI plus 1% would form the basis of rent increases for the next ten years. The Ministry of Housing, Communities and Local Government first announced plans in October 2017 to permit registered providers to increase rents on social rent and affordable rent properties by up to CPI+1% each year from 2020, for a period of at least five years. Number 05933, 7 May 2015 Affordable Rents (England) By Wendy Wilson Alex Bate ... a fairer future for social housing.2 The Affordable Rent model did not require legislation. There are a variety of private, public and charitable enterprises that build, manage and maintain housing stock, with standards and rent levels subject to a high degree of regulation. The new regulation will replace the current Rent Standard, issued in 2015. Social rent housing 6.—(1) This paragraph applies in relation to the rent of accommodation that is not affordable rent housing. same time, the Government published its policy on rents for local authority owned social housing from April 2015 onwards - Guidance on rents for social housing. Examples of social housing for the improvement of living conditions 6. You can change your cookie settings at any time. This publication is available at https://www.gov.uk/government/publications/tenancy-standard/tenancy-standard-2015. This includes assistance with local authorities’ homelessness duties, and through meeting obligations in nominations agreements. Regulator of Social Housing. the implications for their ability to repay debt and invest in new andexisting social housing stock, but the certainty delivered by a 10 year rent settlement was welcomed. ... Report on the effect of Right to Buy on local authority social housing investment over the last 10 years. 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