Affordable Rent ‘riskier than market rent’, warns housing giant

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Published by 24publishing for 24dash.com in Housing and also in Central Government, Finance, Local Government

One of the UK’s biggest social landlords has warned the Government that if the Affordable Rent model continues in its current form housing associations may be unable to continue development under the programme. The former housing minister Grant Shapps told 24housing earlier this year he was keen to further extract value from the social stock adding that “there’s more flexibility that can be used”. However, London and Quadrant (L&Q), which owns and manages 67,000 homes, ha...

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