Housing Rent Setting Policy

Our policy on how we set and increase housing rents.

This policy aims to provide clarity on how we set and increase rents and complies with statutory and regulatory rent setting requirements for residential properties in our Housing Revenue Account (HRA).

Go to the Rent Setting Policy

The purpose of the policy is to:

  • ensure we adhere to current government legislation and regulation when setting and agreeing rents
  • provide a clear and consistent framework for setting and reviewing rents of all properties accounted for in the HRA and General Fund low-cost rental accommodation
  • provide as much financial certainty for the HRA as possible
  • maximise the income available to maintain our existing housing stock and in future, to construct and acquire new affordable homes
  • support the viability of the 30-year HRA Business Plan
  • provide clear guidance for tenants and stakeholders on how we will ensure rents remain affordable to tenants across different income groups