Showing posts with label Personalised Rent. Show all posts
Showing posts with label Personalised Rent. Show all posts

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.