Tenant Information

Rent Consultation 2023/2024

We would like to hear your views on Shetland Islands Council's proposals for rent increases in 2023/2024.  All SIC tenants who complete the survey and leave their name and address will be entered into a prize draw for a £30 Co-op Voucher. This consultation is open until 3 February 2023.

Housing Service - Rent Consultation Survey

Gathering and listening to our tenant views on rents is an important part of our rent setting process.  We have a 5 year business plan that gives us a guide on what our costs and income are likely to be so we can plan the services we provide.    The rent you pay goes into a separate account from all other council finances.  The Housing Revenue Account (HRA) contains all the income and expenditure on providing the housing services to you.

As part of the rent setting process, we have looked carefully at various options and how they would impact on our tenants.  We are very conscious of the affordability of rents for all our tenants and aware that there are increasing cost of living pressures on everyone.  In the past year trying to recover from Covid and the impacts of Brexit have continued to add to the challenges.

So that we can continue to maintain the housing stock that we have, and seek to continue to carry out the works and improvements needed there are 2 proposals for rent increases for 2023/24 which we would like your views on:

1. Increase by 3% (average £2.46 per week)  - this is in line with the original HRA business plan but does not allow for current level of inflation on costs and means that any shortfall will have to be met by adjusting the planned maintenance programme

2. Increase by 6% (average £4.92 per week)  - this is the agreed maximum increase that local authorities can put in place and would reduce the likely shortfall on the account, allowing more planned maintenance to be carried out.

A rent increase comparison by Property Type General Needs, Location and Size is shown below

1-Bed Outwith Lerwick
Current % Increase % added
£67.41 3% £2.02 £69.43
£67.41 6% £4.04 £71.45
2-Bed Outwith Lerwick
Current % Increase % added
£79.09 3% £2.31 £79.40
£79.09 6% £4.63 £81.72
3-Bed Outwith Lerwick
Current % Increase % added
£92.83 3% £2.78 £95.61
£92.83 6% £5.57 £98.40
4-Bed Outwith Lerwick
Current % Increase % added
£108.17 3% £3.25 £111.42

£108.17

6% £6.49 £114.66
1-Bed Lerwick
Current % Increase % added
£70.69 3% £2.12 £72.81
£70.69 6% £4.24 £74.93
2-Bed Lerwick
Current % Increase % added
£81.14 3% £2.43 £83.57
£81.14 6% £4.87 £86.01
3-Bed Lerwick
Current % Increase % added
£97.72 3% £2.93 £100.65
£97.72 6% £5.86 £103.58
4-Bed Lerwick
Current % Increase % added
£113.87 3% £3.42 £117.29
£113.87 6% £6.83 £120.70

How Your Rent is Spent

We are keen to involve tenants in future reviews of SIC rents, so if you would be interested in that, please let us know.  Email housing@shetland.gov.uk; Phone 0159507407360