The amount you pay will depend on the type of agreement you have with us. If you do not know or are unsure, your tenancy or lease agreement will tell you.
Social housing
Social housing rent charges are regulated by the government. From April 2020, the government policy allows for charges to be increased. The maximum increase will be based on Consumer Price Index of 3.1% as at September 2021 +1%.
Affordable tenancy
Affordable tenancy rents are set at 80% of the local market rent when a new tenancy is issued. These rents are also regulated by the government. These increases will be based on Consumer Price Index of 3.1% as at September 2021 +1%.
If there are any chargeable services provided, they are included in the overall rent.
Specialised supported accommodation and temporary accommodation
There are exceptions to the government’s rent regulation for some social tenancies such as specialised supported accommodation and temporary accommodation. These increases will be based on the Retail Price Index (rather than the Consumer Price Index) of 4.9% as at September 2021 +1%.
Other exceptions include customers living in some student accommodation, registered nursing care, care homes and refuge units.
Market rent, mortgage rescue and shared ownership
The rent review applied to market rent, mortgage rescue and shared ownership properties will be determined by the relevant clause in your lease or tenancy agreement. This will say what increase can be applied to the charges.