Rent increase from April 3, 2017
Apr 3, 2017
Members of DGHP’s Board of Management approved a rent increase of 3.75% for 2017/18. As previously agreed, this is based on the September RPI figure of 2% (which is published in October) plus 1.75%.
The increase comes into effect today, Monday 3 April. This works out at approximately £2.65 per week, on average, for 2017/18.
On behalf of the Chairman and the Board of Management, thank you must go to all of our tenants who responded to the consultation in January.
We realise that any increase in rents will affect tenants’ finances. However, our costs are also rising and DGHP’s Business Plan is based on our rents going up by RPI plus 1.75% each year. We have made a number of savings in the last financial year and have identified further savings to make over the course of the next financial year thanks to the responses sent in by tenants.
It’s important to note that our rents remain among the lowest in the country and we are always doing our very best to keep them as low as possible. If you are struggling to keep up with or make weekly rent payments, please contact us on Freephone 0800 011 3447. We're here to help.