How is your rent set

Rents are set using a prescribed formula as set by Central Government since April 2002.

The formula is applied at an individual property level and is based on property values at January 1999.  Weightings are also applied which take into account the number of bedrooms in a property and the relative prosperity of the area, by comparison to national averages.  Rents are uplifted each year by the prescribed inflation factor and a convergence factor to bring Local Authorities into line with other Social Housing providers.