Every year we review the level of your rent in line with government policy.
From 1 April 2022 (if you pay your rent monthly) and 4 April 2022 (if you pay your rent weekly) your rent payment will increase by 4.1%.
If you are a Brighter Places resident, you will receive a ‘notice of rent change 2022-2023’ letter in the post detailing your rent payment from April 2022.
This letter will also include confirmation of service charges if you pay them.
Rent increase explained
The government sets the limits for our rent increases based on inflation levels. The consumer price index (CPI) measures inflation – how much the prices of everyday goods, services and household bills have gone up compared to the previous year.
This year, inflation is the highest it has been since 2011 and is still rising. In September 2021 inflation was 3.1%, and by January 2022 it had risen to 5.5%.
This year the government formula allows us to increase rents by up to 4.1%. This is equivalent to the inflation rate in September plus 1%.
Why your rent has increased
Before setting the rent for 2022-23, we looked very closely at all options and consulted with our engagement panel and board.
It was agreed that charging a 4.1% increase was the only option to maintain our service to customers and continue to build new homes.
We aim to provide – value for money – for rent you pay. Your rent and service charges pay for maintaining and improving your home, delivering better services to you, and improving your neighbourhoods.
Support is available
We are understand that you may need some extra advice or support because of your rent increase.
We’ve tried to answer the most common questions about changes to your rent payment. Check out our Frequently Asked Questions (FAQs) here.
If you are at all worried about being able to pay your rent, please call us on 0117 942 4600.
We are here to help.