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UK chancellor Rachel Reeves is planning to raise social rents by greater than inflation for another a decade within an attempt to Strengthen the setting up of cost-effective residences.
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British isles chancellor designs to lift social rents to boost very affordable housebuilding on x (opens in a fresh window)
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Variable curiosity price – This is certainly an curiosity rate that can modify dependant on The present index, like a chief amount.
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“As inflation can spiral uncontrolled in a short time, there must be mechanisms in place to guard tenants from Excessive lease rises that place them prone to getting to be homeless,” she additional.
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