While the rent cap consultation has required many Registered Providers to re-examine their business plans and stress testing, its eagerly awaited outcome will still leave a key decision to be made for many Boards – what to do about shared ownership rent increases in 2023 (and beyond)?
Choosing not to implement a full increase could have a significant impact, but with the current cost of living crisis there are clear concerns about the moral and commercial implications of doing so.
There are a number of options available to Registered Providers, including applying waivers and expanding (and streamlining) hardship funds. However, these options need careful consideration to ensure your organisation is meeting its charity law and regulatory obligations, as well as taking account of wider issues such as consumer credit and meeting grant and lease requirements.
Join us to discuss this complex landscape.
Andrew Cowan, Partner, Head of Social Housing
Andrew will be chairing this webinar. His work in the sector spans nearly 30 years. He is known for anticipating change, structuring transactions and dealing with problem cases. Andrew has been a member of the NHF’s Finance Policy Advisory Group and the Regulator of Social Housing Advisory Panel. Andrew is noted for his work on constitutional matters. He advised the Regulator on the Housing & Regeneration Act. He has also worked on social housing projects in Australia, Rwanda, India, Northern Ireland, Scotland and Wales, understanding different policy environments and opportunities. His clients include a broad range of providers of For Profit and Not for Profit social housing in the UK, including London & Quadrant and Sage Homes.
Samantha Grix, Partner, Housing Management & Property Litigation
Samantha advises on all aspects of Housing Management for Registered Providers and Local Authorities, as well as advising organisations in respect of Coroner’s Inquests. Samantha is also a data protection specialist.
Housing management: Samantha is an accomplished litigator in landlord and tenant disputes and acts for Registered Providers and Local Authorities. She works on both tenancy and leasehold matters relating to anti-social behaviour, breach of tenancy, succession, subletting and all other manner of issues relating to such agreements. Samantha regularly advises and provides strategy to landlords in respect of decanting residents in large-scale redevelopments.
Jonathan Corris, Partner, Real Estate & Projects
Jonathan has worked with clients on a variety of development projects from large scale regenerations to the delivery of a single new property. His work covers advising clients on a wide spectrum of documentation including JV agreements, development agreements, option agreements, conditional contracts, planning agreements and managing disposals of completed developments for Registered Providers and private developers.
Gemma Bell, Partner, Banking, Governance & Corporate
Gemma advises on a range of areas including social housing regulatory, charity law, governance, company and community benefit society law, corporate restructuring projects, joint ventures, stock transfers and mergers and acquisitions.
Gemma acts for a range of clients nationally including housing associations, local authorities, charities and social enterprises.