Tuesday, 25 August 2015

Tenants to Pay Personalised Rents

Wealthier tenants on an east London housing estate will pay more than their neighbours in a new rent scheme. Residents of the New Era estate in Hoxton, Hackney, will be invited to pay new personalised rates from 1 January. Dolphin Living, which owns the estate, will analyse the financial situation of tenants to establish a rent which will give them a good standard of living. Those opting in to the personalised scheme will see their rent increase by between £2.50 and £4 a week, taking an average weekly rent to between £147.50 and £186. Those opting out of the scheme will see their rent increase by inflation plus 4.5 per cent - or £8 to £12 a week for 2016. Read more on the BBC website.

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