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harwood red. Oh dear I so hate letting myself get dragged into this!! As part of the stock transfer agreement, rents have to be kept at a certain level and can only rise by inflation and maybe 1 or 2% per year for quite a few years after!! And also as a registered social landlord Hyndburn Homes will be closely monitored by the Housing Corporation and the rules are pretty strict.
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Thank's for correcting me, 'L' I have obviously been misinformed and this is how I thought the system worked, apologies to anyone concerned.