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 this year, Housing associations will be able to increase their rents again, up to a maximum set by Government.
Ahead of these changes, saha will write to every resident to inform them of their new rent and service charges from April 2020.
Our rental income is really important, because it helps us to maintain our existing homes to a good standard and to build more new affordable homes for people who need them.