A rent cap could be introduced from next April to protect social housing tenants in England from spiralling rents during the cost of living crisis, the Government has said.
The Department for Levelling Up, Housing and Communities (DLUHC) reports that rent increases for people living in social homes could be capped as low as 3% during the next financial year. It has launched a consultation on a proposed rent cap in a bid to protect the country's most vulnerable households.
The temporary cap could see annual rents capped at 3, 5 or 7% in the year from April 2023. It is also seeking views on whether social rent rises between 2024-2025 should be limited.
