How Your Rent is Calculated

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  • 01691 677230 - Oswestry
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When you pay your rent it contributes to the continuously improving service that Shropshire Towns and Rural Housing provides for you and your neighbours. This is calculated according to a national rent formula set by Central Government:

How is my rent set?

Social Rent

In 2002 rents were calculated using a formula set by the Government based on a number factors including the number of bedrooms in the home, average local earnings and the value of the property in 1999. Since this time rents were increased each April in accordance with the Government’s recommended approach which was greatly influenced by the national inflation figure in the preceding September. Whilst there have been a number of minor amendments to the formula over the years, this approach was followed up to April 2015. Following legislation arising from the Welfare Reform and Work Act 2016, the Government abandoned this policy and instead imposed a requirement for rents to be cut by 1% each April for 4 years starting in April 2016.

In some circumstances you may be charged an additional amount for services you receive in connection with your tenancy with us that are not included in the rent. These Service Charges include things such as cleaning costs for communal areas in flats or grounds maintenance costs for communal areas on estates. Service Charges are based on the actual cost to provide these activities and may be subject to an increase each year.

Affordable Rent

In certain circumstances, such as new build homes and some higher value houses, the rent is not based on the Social Rent but is instead termed Affordable Rent. Affordable Rent is set at the start of a new tenancy based on 80% of the full market rent for a similar property in the area. As with Social Rent, the rent has traditionally been subject to an inflationary increase each April, but since 2016 are now subject to a 1% reduction as required by legislation in the Welfare Reform and Work Act 2016.

For further information about your rent, please contact your local rent team

 

Work to start on former Baptist Chapel in Shifnal

We are pleased to announce that our appointed builder, J. Harper & Sons Ltd, is due to start construction work on the site of the former Baptist Chapel in Shifnal next week (Monday 23rd April 2018).

Rents Team in Training - Wednesday 11th April

Our rents staff are all in training on Wednesday 11th April. If you wish to make a rent payment please call 0345 678 9009

Garden Competition 2018

We are launching our Garden Competition for 2018 - to enter simply complete this form

A change to our grounds maintenance contract

From 1 April 2018, we are changing who we contract to undertake grounds maintenance on our behalf.

Rent-free fortnight – March 2018

It’s rent-free fortnight from 19 March 2018. As long as you are up to date with your rent payments, you won’t have to pay during these weeks.

Events

Next Board meeting Tuesday 24th April 2018

The next meeting of the STAR Housing Board is on Tuesday 24th April 2018

Next Development Subcommittee meeting Tuesday 8th May 2018

The next meeting of the Development Subcommittee is on Tuesday 8th May 2018

Next Finance, Audit & Risk Subcommittee Meeting 23rd April 2018

The next meeting of the Finance, Audit &Risk Subcommittee meeting is on Monday 23rd April