Social tenants that are paid a higher bracket of wages will now be legally required to reveal their earnings if they take home more than £60,000, so that they’re then in line with the market rental.
The Communities and Local Government department indicated last week that the government will set down in law that the burden is on the occupants who are being paid more will have to disclose their income to make sure that they are making a reasonable contribution.
The CLG’s feedback was that the occupant had to pay to stay in their place of residence and, £60,000 was the economical of the three limits set out by the government in its discussion on the pay to stay.
Social landlords will be required to use the additional cash made from this strategy to finance and develop reasonably priced homes.
It’s not the impoverished and out-of-work that this governments cuts will have an effect on, but it will be the hard working people as well, no one is sheltered from the governments control, apart from the exclusively rich and, government themselves.