We are proposing the following 3 rent increase options for 2026/27:
Increasing the rents by 6% would mean that we could:
- Complete £4.4million of improvements to doors, windows, kitchens and bathrooms.
- Spend an additional £80,000 improving landscaping on our developments.
Increasing the rents by 7% would mean that we could deliver all of the things mentioned above and the services you expect PLUS:
- Expand our furniture leasing project to support more tenants to turn their properties into homes.
- Consider innovate solutions to help prevent damp and mould.
Increasing the rents by 8% would mean that we could deliver all of the things mentioned above and the services you expect PLUS:
- An additional £151,000 to deliver additional windows, doors, kitchens and bathrooms.
- Consider provision of carpeting and flooring in our properties.
What did your rent pay for in 2024/25?
The majority of our annual spend is repairs to our properties. When we reviewed this spend, three areas of concern were:
It cost more than £14,000 to perform annual gas services due to lack of allowed access. This does not include the employee cost of attending these.
It cost over £36,000 to remove items which had been fly tipped on our developments. This does not include the employee cost of dealing with fly tipping.
The average cost of works required to allow us to relet a property were £2879.92.
Rent consultation tenant info booklet