
The Law Commission published its report on Technical Issues in Charity Law in September 2017 following a public consultation.
However, the provisions surrounding social housing rents are in force and further regulations have been drafted in the Social Housing Rents (Exceptions and Miscellaneous Provisions) Regulations 2016 (the “Regulations”). These regulations provide confirmation surrounding the rent reductions, specific exemptions for 1 year from the rent cuts and exemptions from the rent reductions entirely. For the full Regulations see this link.
These Regulations contain the exclusions to the rent decrease (Regulation 3), most of which were expected following the announcement by the NHF in early January 2016.
The below instances are where the rent reductions will not apply at all:
These above accommodation types above will not require any rent reductions at all.
It has been confirmed in the Regulations that during the first year the rent cut will not apply to:
The rent decrease will begin to apply for the above accommodation types from the first review date in 2017 (or from 1 April 2017).
If you have any queries about whether your current stock would fall into any of these categories then please contact Zishaan Saleem.
The Law Commission published its report on Technical Issues in Charity Law in September 2017 following a public consultation.
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