Wednesday, 12 March 2014

ALMO Introduces Two-Tier Rent Regime

Council tenants in Nottingham are to be rewarded for 'responsible behaviour' with a lower annual rent increase than those who fail to comply. Almost 70% of tenants who responded to the consultation by Nottingham City Homes (NCH) backed the scheme, which will introduce a rent rise of 4.68% (£5.11 a week) for well-behaved tenants and a 7.5% increase for irresponsible ones. Good behaviour will also be rewarded with a £100 credit at Christmas. Read more on the NCH website.

No comments: