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Regulator confirms the Rent Standard following consultation 01/11/2019 Labelled as Regulation

The Regulator for Social Housing (RSH) has issued its response to consultation on the new Rent Standard to apply to local authorities from April 2020.

 

The RSH launched a 12-week consultation on 7 May 2019 on a revised Rent Standard that will come into effect from 1 April 2020. The consultation was as a result of the Secretary of State for Housing, Communities and Local Government's direction to the RSH, which was published in February 2019, following the Government's consultation on its proposed new social rent policy in autumn 2018.

 

There were 127 responses to the consultation, with the sector giving a very positive response to the proposals. Key points from the consultation were:

 

  • Most respondents (92.7%) felt that RSH had accurately reflected the requirements of the direction in its proposed Rent Standard.
  • The majority (81.3%) also said the information in conjunction with the policy statement gave providers an appropriate level of clarity about the rules on rent with which they would be required to comply.
  • Issues identified around drafting of the Rent Standard have led to changes to its layout.

 

As a result of the consultation, the new Rent Standard has been finalised and will come into force on 1 April 2020.

 

Fiona MacGregor, Chief Executive of RSH, said:

 

"Having consulted with a wide range of stakeholders and taken into account their feedback, we are confident that our new Rent Standard, which will come into effect from April 2020, reflects the Government's Direction, which it had previously consulted on. It updates our role with regards to monitoring local authority registered provider rents."


The full Decision Statement and response to the consultation is available on the RSH website.


ARCH member councils will be required to collect and submit data to the RSH to demonstrate compliance with the new Rent Standard

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