The announcement that social landlords will be able to raise rents by Consumer Price Index plus 1% for five years from 2020 was widely welcomed by the sector as a generous deal.
The bad news is no news yet on the LHA – the forthcoming cap on benefits at Local Housing Allowance (LHA) levels, which is due to be imposed from April 2019, could create a shortfall between housing benefit and rents, leaving tenants having to cover the difference themselves.