Monday, 16 November 2015

Tenants Facing Rent Rise Of £15 Per Week

In July ministers ordered that all social landlords, including councils and housing associations, reduce rent by one per cent per year each year for the next four years. But Wolverhampton council has based its long term strategy for building maintenance on rents going up. Bosses have launched a consultation featuring a series of options aimed at making up for the shortfall. They include charging 'affordable rent' instead of 'social rent', meaning rents will go up by £15 per week for new tenants. Another proposal is to increase service charges by £2 per week, meaning garage rents and hostel charges would go up by one per cent, along with concierge charges. Read more on the Express & Star website.

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