Press Releases
- Annual rent rise -
04 March 2011
Social landlord North Hertfordshire Homes has written to its tenants advising them of the annual increase in rent from 4 April.
On average, weekly rents will rise by 5.1% but they will also include a £2.05 plus or minus adjustment so that the rent is more in line with the government’s target rent set for each property.
As an example, an average three bedroom home will rise to £97.94 per week, however each tenant will be individually advised of the rent increase for their home.
Kevin Thompson, Chief Executive said “Although we can’t repeat last year’s very low or minus rent increase, we are mindful of the continued economic conditions facing our tenants. We have carefully considered the guidance issued by the Tenant Services Authority and kept the increase as low as possible.”
Any tenants who are having difficulty paying their rent should contact their landlord. Organisations such as the Citizens Advice Bureau and Black Squirrel Credit Union are also available for independent advice.
