Written Question·Ministry of Housing, Communities and Local Government·UIN 31736

Social Rented Housing

Tabled: 13 February 2025
Answered: 27 February 2025
Named Day

Question

Noah Law

LabourSt Austell and Newquay

To ask the Secretary of State for Housing, Communities and Local Government, what assessment she has made of the potential impact of (a) trends in the level of local authority borrowing costs and (b) rent-setting policies on the ability of local councils

Answer

Matthew Pennycook
The government recognises that access to low-cost borrowing and the certainty provided by a long-term rent settlement are essential to the ability of local authorities to build and maintain housing stock. To this end, the government is helping local autho...

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