Housing

Rent Setting

We are responsible for setting the level of rent that we charge our tenants.

Central Government has introduced a new approach to setting rents so that Housing Associations and Councils should have similar levels of rent for similar properties. This is to eliminate discrepancies that have occurred across the country.

The actual level of the rents is determined by how much we need to spend on services to our tenants.

Rent is paid into what is termed 'The Housing Revenue Account' and this, along with small amounts of government subsidy, is what pays for the services that tenants receive. It also covers other items such as paying the cost of borrowing for the original build of that property and for capital improvements.

The rent that Council tenants pay does not contribute to other services that we provide, nor is it subsidised by the council tax payments.

Each year we consider carefully how much money we will need to raise the following year from rents and subsidies in order to carry out our programmes of repair and maintenance.

How we work out your rent PDF 332K