Press Releases
- North Hertfordshire Homes keep rent increases low -
04 March 2010
North Hertfordshire Homes has announced low or minus rent increases for the coming year.
Annual increases are calculated using a set government formula based on the previous September Retail Price Index inflation rate. Last year this was below zero due to the credit crunch. This years rent rise is set to result in an average increase of 1.3% compared to last years average rise of 5.5%, with some households actually receiving a rent reduction.
