A new agreement between the Welsh Government with local authorities and landlords has been announced to cap the future increase in social rent. The agreement, announced by Julie James, minister for climate change, also means social tenants can't be evicted for financial hardship during the 2023-24 rent settlement.
The agreement is designed to "support tenants experiencing severe financial hardship as a result of the cost-of-living crisis". It applies to all social landlords, including registered social landlords and local authority landlords.
Under the agreement, it was agreed that: "There will be no evictions due to financial hardship for the term of the rent settlement in 2023-24, where tenants engage with their landlords." Instead, landlords have been asked to give "targeted support" to those experiencing financial hardship.
