Wednesday, 20 March 2013

Councils to Increase Rents By 5.1 Per Cent on Average

Just three of the 25 top stock-owning councils in England will increase rents below government-set guidelines for 2013/14.  The vast majority of council tenants will face rent hikes of between 4.5 per cent and 6 per cent. The average increase will be 5.1 per cent.  Of those councils with at least 20,000 homes, just Lambeth, Leicester and Nottingham councils have elected not to apply the maximum increase possible.  Read more on Inside Housing.

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