The method we use to calculate individual rents for tenants is outlined below. This method was agreed with tenants as a fair and equitable way for individual rent levels to be calculated, and is used each year.
Based on a 52-week rent:
Step 1:
Everyone starts with the same base rent of £71.38 per week
Step 2:
Add or take away these amounts depending on the size of your property:
- Bedsit - Take away £24.20
- 1 Bedroom - Take away £6.04
- 2 Bedroom - Keep it the same
- 3 Bedroom - Add £6.04
- 4 Bedroom - Add £12.09
- 5 Bedroom - Add £18.15
- 6 Bedroom - Add £24.20
Step 3:
Add or take away these amounts depending on the type of property you live in:
- Multi-storey - Keep it the same
- Flat - Add £6.04
- Terraced - Add £12.09
- Semi-detached house - Add £18.15
- Detached house - Add £24.20
Step 4:
Take away £6.04 if you live in a 'hard to heat' property.
Last modified on 10 April 2024
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