Laura Sharman 08 July 2015

Budget 2015: Osborne clamps down on high earners in social housing

Budget 2015: Osborne clamps down on high earners in social housing image

High earners living in social housing will no longer be entitled to reduced rents, under plans announced in today’s Emergency Budget.

Chancellor George Osborne said those earning £40,000 or more in London and £30,000 in the rest of England will now be charged full market rates for local authority or housing association properties.

The move is expected to affect around 340,000 households, raising £250m a year for the Exchequer.

Mr Osborne also said the Government would ‘end the ratchet’ of higher housing benefits pushing up rents in the social housing sector.

‘These rents have increased by a staggering 20% since 2010. So rents paid in the social housing sector will not be frozen, but reduced by 1% a year for the next four years.

‘This will be a welcome cut in rent for those tenants who pay it and I’m confident that housing associations and other landlords in the social sector will be able to play their part and deliver the efficiency savings needed.’

Mr Osborne confirmed the Government will also be pushing ahead with its plans to extend the Right to Buy scheme to housing associations tenants.

Reforms to the planning system will be published on Friday.

SIGN UP
For your free daily news bulletin
Highways jobs

Assessing Fostering Practice Supervisor

North Yorkshire County Council
£39,880 - £43,857 per annum pro rata, Part-time/ 18.5 hours
Are you an experienced social worker seeking a new challenge? Would you like an opportunity to work in the Fostering Service? North Yorkshire
Recuriter: North Yorkshire County Council

Commercial Vehicle Technician

Chelmsford City Council
£30,000 per annum
We are seeking a fully trained HGV technician to work as part of the team who maintain the Council's fleet to the highest standards.  Chelmsford, Essex
Recuriter: Chelmsford City Council

Independent Reviewing Officer (IRO)

North Yorkshire County Council
£43,857 - £47,782 per annum pro rata.
Are you looking for a challenging and exciting role in a dedicated team? Selby, North Yorkshire
Recuriter: North Yorkshire County Council

Commercial Financial Controller

ESPO
£63,000 - 71,000 per year + LGPS, Benefits
This individual will also be responsible for managing the financials for a number of trading businesses within... Leicestershire
Recuriter: ESPO

Deputy District Surveyor

The Royal Borough of Kensington & Chelsea Council
£60,000 - £63,900 per annum
In this role you will work with the Head of Building Control, District Surveyor and other members of the Service Leadership Team in ensuring... Kensington and Chelsea, London (Greater)
Recuriter: The Royal Borough of Kensington & Chelsea Council

Public Property

Latest issue - Public Property News

This issue of Public Property examines how how flexible workspaces can lead the way in regeneration for local authorities, Why local authority intervention is key to successful urban regeneration schemes and if the Government’s challenge of embracing beauty is an opportunity for communities.

The March issue also takes a closer look at Blackburn with Darwen Council's first digital health hub to help people gain control over health and care services.

Register for your free digital issue