Rent Rise Announced For Council Tenants
Thursday January 19 2012
COUNCIL tenants will see their rents rise by an average of £5.77 a week, it has been announced today.
The rise will come in from April and is due to the Government’s rent restructuring policy.
Spokesman Coun Tim Cheetham, Cabinet Spokesperson, Development, Environment and Culture (Strategy, Programmes and Projects), said: "We would not be doing this if we had any choice, but we are simply unable to maintain rents at the artificially low levels they have been at.
"We've been able to do this historically to support the market and people who rent, but the new finance arrangements introduced by the coalition government make that impossible now."
The council says rents for tenants are still lower than those of the private rented sector - they are £30 less on average.
The rise will come in from April and is due to the Government’s rent restructuring policy.
Spokesman Coun Tim Cheetham, Cabinet Spokesperson, Development, Environment and Culture (Strategy, Programmes and Projects), said: "We would not be doing this if we had any choice, but we are simply unable to maintain rents at the artificially low levels they have been at.
"We've been able to do this historically to support the market and people who rent, but the new finance arrangements introduced by the coalition government make that impossible now."
The council says rents for tenants are still lower than those of the private rented sector - they are £30 less on average.
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