Rent Consultation 2024-25
We need your views!
Each year we (Grampian Housing Association) review our rents on the 1 April to take account of inflation, changes in interest rates charged on our loans and year on year cost increases. We have now reached the time in the year where we must start to consider our rent charges for the next financial year, 2024-25.
Legally, we are required to consult our tenants about proposed rent increases, and to take account of your opinions before we make a final decision on how we will balance our budget.
We understand that any rent increase, particularly during the current cost of living crisis, will be unwelcomed, however, during the last 12 months the cost of managing, maintaining and improving homes increased on average by 18%. This increase, coupled with ambitious targets set by the Government to improve the energy efficiency of our homes which will lower utility costs and decarbonise heating, as well as increasing compliance with health and safety measures, means that we simply can no longer afford to increase rents below the level of inflation.
Click here to see a copy of the letter which has been sent to Grampian tenants.