Rents and Service Charges Explained – Annual Rent Review

27/02/20

Rents and Service Charges Explained – Annual Rent Review

Why is my rent increasing this year? The Government controls the amount of rent housing associations can charge and sets a formula to calculate how much rents should be adjusted by each year.  In 2016, the Government told all housing associations to reduce the rent they charge by 1% each year for four years. From…