Your rent helps us take care of your home and improve the services we provide.
We’re committed to keeping rents fair and affordable.
We set your rent using government guidelines and the actual cost of maintaining homes. When we calculate your rent, we consider things like:
The value of your home
Its size and number of bedrooms
The condition of your home
This approach helps us make sure rents are consistent, transparent, and reflect the homes we provide.
How do you decide how much rent I pay?
Leaseholders
Your lease tells you the amount of ground rent you have to pay and how often you need to make payments.
Shared owners
We calculate your rent based on the value of the share of your home you don’t own.
As a shared owner, you pay rent as well as your mortgage repayments.
You may also have to pay ground rent. You’ll usually only start paying ground rent when you own 100% of your home. However, if we don’t own the freehold to your home, you might still have to pay it.
Your lease will confirm the amount of ground rent and how often it’s due.
Students
We work with your university to set the rent we charge. It includes heating, hot water, internet, and electricity.
Key workers
Our key worker scheme provides affordable homes to essential workers like nurses, teachers, and civil servants, so they can live near their workplaces.
If you're a key worker with an intermediate rent tenancy, you'll usually pay 80% of the open market rate.
Intermediate rent means you pay less than private rent, giving you a more affordable option while you work towards owning your own home.
Supported housing and retirement living
Retirement living customers usually pay between 65% and 80% of the open market rent, the full price your home would sell for if it were on the market.
We set retirement living rent using a government formula, usually based on the rate of inflation (CPI) from the previous September, plus 1%.
Private renters
Our private rented homes are let at market rate, similar to other comparable homes in your area.