How your social rent is set
If your tenancy started after 15 January 1989 you will have an assured shorthold tenancy, and your rent is set using the policy below.
Since April 2002, the government has taken a major role in setting rents for tenants of housing associations and local authorities. The aim of this has been to ensure that rents for similar properties in similar areas are consistent. The Regulator of Social Housing’s Rent Standard 2020 outlines requirements and guidance for landlords in setting rent.
The guidance says that for a property:
- 20%-40% of the rent will be based on property value
- 60%-80% of the rent will be based on relative local earnings
- The number of bedrooms will have an impact on the rent
- The landlord can add 5% if required for its general needs accommodation and 10% for its supported housing
- Individual rents increase annually by inflation (Consumer Price Index, or CPI) plus 1% from April 2020
Rent increases from April 2023
CPI for the year was 10.1%, but the Government has agreed to cap your rent increase at 7% instead. This means your rent may increase by up to 7%.
If you’re in supported accommodation, your rent may increase by up to 11.1%.