Guidance on Rent Standard in the social housing sector
Guidance on Rent Standard in social housing sector
The RSH highlighted an increase in self-referrals over the last year in relation to potential issues with the Rent Standard. This mirrors our experience and the increase in self-referrals was highlighted by the RSH as a real positive – this is seen as evidence of co-regulation working effectively. RPs are often concerned about making a referral about the Rent Standard, however, the RSH did reiterate that providers can expect a proportionate response, which again mirrors our experience.
Typical drivers of issues around rents include:
- Meeting the Rent Standard is not seen as a risk within an RP;
- Controls around rent setting and meeting the Rent Standard not documented;
- Rent setting and meeting the Standard not being a priority, or simply not on the radar of the Board at all.
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