Clearing the way for social housing investment
Last month the government confirmed uplifts in social housing rents after months of uncertainty. From April 2015 rents will increase in line with the consumer prices index (CPI) plus one percentage point, providing housing associations with secure income and the ability to issue inflation linked debt.
Redington co-chief executive and founder Rob Gardner said interest in the sector had dried up because of the lack of confidence in fixed uplifts. "The primary rationale of interest in social housing...
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