Service charges and the new affordable rent regime
The government hopes that the new plan to allow landlords of social housing to charge up to 80% of market rate, will fund 150,000 affordable homes by 2015. However, there is concern that, if the services charges on these properties are not be included in the definition of affordable housing, the real cost to residents could be closer to market rent; thus endangering the success of the project.
Read the full article in Inside Housing here
