Rent Reduction

Innovative renewable heating solution tackles cuts in social housing rents

From April 2016 social housing associations will be required to reduce rent by 1% each year over a period of four years; which in real terms is a 12% cut in rental income. Pioneering renewable heating company Minus7 based on the Isle of Wight, working with clients across the UK, has designed a heating system that has zero running costs. This innovation allows landlords to charge for a reduced...