How Do We Set Your Rent?
We have a Rent policy and procedure that sets out the rent levels we charge.
We aim to:
• Charge rents that our tenants and people who apply to us for housing can afford to pay.
• Have enough money to pay for the maintenance and repair of our houses, now and in the future.
• Pay for a high quality management service
• Pay back loans that we have borrowed to pay for part of the costs of building our houses.
The property rents will be reviewed on an annual basis and any increases will take effect from 1st of April.
We will always give you at least 28 days notice of any rent increase.
Only one increase each year is allowed, unless it is linked to improvements we have made to your home.