How we calculate your rent

On an annual basis, we will review the basic rent according to Government guidelines.

From April 2020, all rent charges will have a maximum yearly increase of Consumer Price Index (CPI) as at September of the previous year, plus 1%.

This increase does not apply to service charges, these will continue to vary based on costs.

When affordable rents are due for their annual review, we apply a maximum yearly increase of Consumer Price Index (CPI) as at September of the previous year, plus 1%

When London affordable rents are due for their annual review, we apply a maximum yearly increase of Consumer Price Index (CPI) as at September of the previous year, plus 1%

In line with our regulatory funding requirements we apply a maximum yearly increase of Retail Price Index (RPI) as at September of the previous year, plus 0.5%, capped at 80% of the current market rent figure.

When granting a new tenancy to new or existing customers, we will set a market rent in line with current market conditions at that time.

During a fixed term tenancy of 2 or more years we apply a maximum % yearly increase. The % is stated in your tenancy agreement.

Rents are generally increased based on the Retail Price Index (RPI) rate of inflation, as at the previous November (for pre-July 2006 build dates) or September (for post-July 2006 build dates), plus 0.5%.