How have you calculated the increase?

Rents are set each year based on the Consumer Price Index figure in September plus 1%, which was 6.7% in September 2023. Rents will, therefore, increase by 7.7% for social, extra care and older persons properties, in line with the Government Rent Standard. More information will follow in rent letters which are sent in February.

We have reached this figure as it will enable us to continue to manage and maintain homes and services and invest in your neighbourhoods. We do recognise that the cost of living is continuing to increase and are here to help customers that might need extra support.