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Posted 10 March 2016

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Four-year rent reduction

In July 2015, Chancellor George Osborne announced that rent paid by tenants for social housing was to reduce by 1% every year for the next four years.

This reduced rent will start from 4 April 2016, and will appear on rent statements automatically.

Tenants will have received a letter from us, informing them of their new rent charges.

Please remember, if you are already claiming Housing Benefit for all or part of your rent, this will be automatically adjusted by the council, who will be writing to you before April.

In the table below, you can see what affect the rent reduction has on the average rent per type of property –some of our tenants will save up to £193 per year by 2020.

Types of general needs homes

Average weekly rent

New weekly rent 2016-2017

New weekly rent 2019-2020

Bedsit

£59.62

£59.02

£57.27

One bedroom

£69.01

£68.32

£66.29

Two bedroom

£77.13

£76.36

£74.09

Three bedroom

£86.40

£85.54

£83.00

Four bedroom

£92.56

£91.63

£88.91

Five bedroom

£94.54

£93.59

£90.81

Don’t forget, there are four weeks every year that we don’t charge rent (although if you have rent arrears then you still need to pay your rent on these weeks).  These are the weeks commencing 29 August 2016, 19 December 2016, 26 December 2016, 27 March 2017.

If you have any questions or need some advice, please tel 01724 279900. 

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Click here if you claim Universal Credit

It is important you let us know so we can support you in paying your rent on time.

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