We are currently consulting with tenants on our plans to increase rents – the consultation runs until Friday 31 January 2020.
Taking all factors into account (the cost of running our services and the income we need to generate in order to meet those costs) we are proposing a rent increase of 2.7% from 1 April 2020.
We sent a Rent Consultation Newsletter to all tenants in early December along with details of what this increase would mean for the rent they would be due to pay. This also included a tear-off slip to be used to provide us with feedback on the proposed increase and an option for a lower increase of 1.7%. We encourage all tenants to participate in this rent consultation.
We also met with the Clydesdale Tenants’ and Residents’ Group in November 2019 to explain our plans for next year and the proposed increase and obtain their feedback.
In early-February 2020 our Management Committee will consider the tenant consultation results as part of the process that reaches a final decision on 2020/2021 rent levels. That decision and a summary of the tenant consultation results will be published on this website and in our Spring 2020 Newsletter.
We will write to each tenant in late-February 2020 to advise them on the details of what has been decided for the rent they will be due to pay from 1 April 2020.