Rent Increase 2019
We review our rent and service charges every year to ensure that the services we provide have adequate funding in order that we can deliver them.
In accordance with the Scottish Social Housing Charter, we consult all of our tenants on our proposed rent increase, and this year we received a good response to our consultation.
We consulted on two options, being an increase of either 2.8%, which would allow us to continue providing services as we currently do, or 3.6% which would have allowed us to fund the employment of an estate caretaker to carry out various tasks through the estate.
69.2% of respondents voted in favour of the 2.8% increase, 19% voted in favour of the 3.6% increase and 11.8% voted for “other”.
During the period of the consultation however, CPI fell from 2.4% in October to 2.1% in December, whilst RPI fell from 3.2% in November to 2.7% in December.
In light of the reducing inflation indicators Knowes Committee agreed to a rent increase of less than that which was consulted on, this being 2.6%