During 2024, we expect the Government to consult on how rents will be allowed to rise from April 2025 onwards.
This may be an increase of CPI only, CPI plus something, some form of rent restructuring to return rent towards target rent, or a completely new arrangement.
Timing of the consultation may depend whether there is a change of government before the Autumn. We will keep clients informed of any communication that we receive and provide support and guidance in terms of responding to the consultation.
The Abovo Rent Model will have the ability to model any scenario that is suggested within the consultation.
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