The Regulator of Social Housing (RSH) has confirmed its overall level of income from fees for 2021/22 will remain the same as for 2020/21.
In a letter addressed to housing associations, Richard Peden, director of Finance and Corporate Services at the RSH, said the decision has been made due to the above-inflation-fee increase in 2020 and the resource pressures that providers face in responding to the COVID-19 pandemic.
In the letter, Peden says: “You will be aware that this year we delayed the submission of the 2020 Statistical Data Return to recognise the impact of the COVID-19 pandemic on provider workloads.
“As a result, we are not yet in a position to finally confirm the fee per unit which will be charged for 2021/22. However, we currently expect that the fee per unit will not be higher than £5.37 per unit.”
£5.37 per unit represents a reduction from last year’s level of £5.42 per unit.
Peden added that fees for providers with fewer than 1,000 units will remain at £300 per year.
“We will publish our annual fees statement in due course once we have received confirmation of our Grant in Aid budget from government, and will provide further guidance on fee-per-unit levels once SDR data returns have been fully analysed,” said Peden.
“We anticipate issuing confirmation of the fees we will be charging providers in March 2021.”
Image: wrangler/Shutterstock
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