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Rent rise Reeves joined up government

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    Rent rise Reeves joined up government

    https://www.dailymail.co.uk/news/art...ent-rises.html

    Taxpayers face forking out millions as Rachel Reeves set to hit council tenants with inflation-busting rent rises for a decade pushing up the benefits bill

    Council tenants could be hit with inflation-busting rent rises for a decade to pay for new housing - prompting fears it will only push up the benefits bill.

    Ministers are considering increasing subsidised rents in social housing by more than inflation for each of the next ten years as part of plans to boost the building of affordable homes.

    Chancellor Rachel Reeves is looking at introducing a new formula at the Budget that would put up rents in England by the CPI measure of inflation - currently 2.2 per cent - plus an additional 1 per cent annually, the Financial Times reported.
    Rob Peter to pay Paul, at least when the private rents shoot up they can tax the private landlords more.

    Wonder if they are going to make the rents continually means tested?

    #2
    Well, you'll just have to spend less time (and rent money) in your local 'spoons.
    He who Hingeth aboot, Getteth Hee Haw. https://forums.contractoruk.com/core...ies/smokin.gif

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      #3
      Originally posted by sadkingbilly View Post
      Well, you'll just have to spend less time (and rent money) in your local 'spoons.
      You projecting again? Little known fact I have never paid rent, I bought my first property when I moved out of home in my early twenties.

      Obviously the implications of this change are lost on you.

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