Tenant Information

How Your Rent is Spent

How your Rent is Spent

The rent you pay goes into a completely separate account from other council finances. The Housing Revenue Account (HRA) contains all the expenditure and income on providing the housing service.

Of every £1 of rent income –

77p is spent on investment in our properties through repair and maintenance and improvements to properties.

12p is spent on debt charges, repaying borrowing for funding major works.

9p is spent on Employee & Management costs

2p is spent on costs of lost rent on tenancy changes.

 

Rent Spent per £1 graph