Rent increase of hundreds of pounds for social housing tenants in North Hertfordshire

Two social housing associations have announced rent increases which will add hundreds of pounds to North Hertfordshire tenants annual bills Two social housing associations have announced rent increases which will add hundreds of pounds to North Hertfordshire tenants annual bills

Wednesday, March 5, 2014
11:37 AM

Two social housing associations have announced rent increases which will add hundreds of pounds to North Hertfordshire tenants’ annual bills.

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North Hertfordshire Homes and Howard Cottage Housing Association have announced their rents will go up at the start of the financial year, beginning in April.

The average cost of renting a three bedroom home from North Hertfordshire Homes will rise from £111.66 to £117.87 – an extra £322.92 a year – while renting a similar property with Howard Cottage Housing Association will rise from £107.83 to £112.64, increasing by £250.12 a year.

Both housing associations said the price of commercially renting a property is much higher and justified their rent increases as a means of running a sustainable business.

A spokesman for North Hertfordshire Homes said: “As a not-for-profit business, our board, which includes tenants, has found it particularly difficult to review rent charges this year. Our rent does increase every year with all income put into the cost of managing homes and building new ones.

“We are mindful that the bedroom tax is already causing much hardship and anguish across the country and so the decision to increase rents has not been taken lightly. For many of our tenants an increase could mean the difference in what food they can afford, how long the heating is left on or changes to lifestyle choices on how they budget for non-essential items.”

Michelle Cross, finance and resources director at Howard Cottage Housing Association, said: “Like all organisations, to remain viable in the long term, we have to ensure that what we charge our residents keeps up with inflation. If we failed to do that, we wouldn’t be able to invest in maintaining our existing properties and building new homes for the future.”

Will you be affected by rising rent costs? Email your views to oliver.pritchard@archant.co.uk or via Twitter.

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4 comments

  • Blimey how cheap, should give up my mortgage and start renting

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    Luckyirish

    Wednesday, March 5, 2014

  • mindful? long term viability? that means sweet f a to people paying bedroom tax and attending food banks. AND it's TWICE the rate of inflation - you gouging monsters! shame on you!

    Report this comment

    omgwtf

    Wednesday, March 5, 2014

  • The biggest increase is for tenants in the one bed properties (6.1%) which is over three times inflation and six times average wage increases. In addition to the bedroom tax there is also yet to be decided the proportion of council tax that those on benefits will have to pay. In North Herts it is currently 33% - the largest in the country - but likely to rise. Does NHH have a justification for such a large increase?

    Report this comment

    patrick newman

    Wednesday, March 5, 2014

  • Stevenage Borough Council have consistently increased rents higher than anywhere else in Hertfordshire. I have been in contact with the local MP over this matter and the comments from Sharon Taylor and Anne Webb that part of the high rent increase was because more people than anticipated has bought their houses under the Right to Buy scheme. If true, It's a disgrace that I (and others are paying for people who have decided to buy their own homes. Mr McPartland has said that the comments are nonsense but that it is The councils refusal to reform services and therefore pass on uneccesary costs to tenants that is the problem.

    Report this comment

    zelda

    Monday, March 10, 2014

The views expressed in the above comments do not necessarily reflect the views of this site

North Herts Homes

 

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