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Hesketh
#1 Posted : 20/12/2018
Joined: 24/02/2018(UTC)
Posts: 1
Organisation: London Borough of Hounslow

How are you implementing the 1% rent reduction in 19/20?

The PF article (https://www.publicfinance.co.uk/opinion/2018/12/upcoming-leap-year-could-pose-challenge-housing-accountant?utm_source=Adestra&utm_medium=email&utm_term)suggests that a rent reduction of more than 1% is required to reduce the amount tenants paid by 1% in 19/20 compared to 18/19 due to the extra day.

Reducing rent by more than 1% this will reduce the rent base in future years. Advice greatly appreciated.

Juancurt
#2 Posted : 08/01/2019
Joined: 08/01/2019(UTC)
Posts: 1

On the 4th January the LGA published a briefing note.

https://www.gov.uk/guida...16-social-rent-reduction
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