Tenant Information

Rent Consultation 2024/2025 - Results

In January 2024, SIC Housing tenants were invited to complete a survey about changes to their rent.  Consulting with tenants is an important part of our rent setting process and helps to decide how much rent we can collect and what housing services we can deliver in the following year. 

We consulted on 2 options,

  • Option 1 - 5% Increase

This is aligned to the current general inflation level but is less than the construction inflation level.  This means we may have to reduce the amount of repairs and maintenance that we can afford to carry out over the next year.

  • Option 2 - 6% Increase

This is aligned to the current inflation levels in construction costs and material costs which directly affect the services provided for repairs and maintenance of houses.

 

2024/2025 Rent Consultation Results are as follows

1.  Which rent increase option for 2024/2025 do you support?
5.0% increase 70%
6.0% increase 30%

 

2.  Do you have concerns about affordability of your rent?
yes 34%
some 35%
no 31%

 

3.  Would you prefer to pay a lower rent increase and delay planned works, except energy efficiency works (e.g. replacement kitchens/bathrooms, doors, windows), or pay a higher increase to try to maintain spend on planned works?
Lower increase, less planned works 53%
Higher increase to continue more planned works 47%

 

4.  What do you have most concerns about with the current cost of living?
Energy & Heating 77%
Rent & Council Tax 17%
Food Costs 4%
Other 1%
Transport Costs 1%

 

The Citizens Advice Bureau can provide help and advice on benefits, maximising income, managing your money as well as advice on reducing energy costs.  You can call 01595 694696, or email 

If you are behind with your rent payments or worried that you can’t pay your rent, please get in touch with us as soon as possible to discuss your options on 01595 744623, or email 

Further information on How Your Rent is Spent is also available.