Councillors agree Stevenage council house rents for 2018/19

31 Jan 2018

Stevenage councillors this week (Tuesday 30 January) agreed council house rents and service charges for the next 12 months.

Government legislation introduced in 2016 means that social rents in England will fall by 1 percent per year over a four-year period. In Stevenage this year around 7,800 council tenants will see their rent go down by an average of 95p per week from 2 April 2018. 

Councillors also agreed to reductions or no increase for around 640 council tenants whose properties are subject to service charges, with a total of 2,050 homes having service charge increases of less than £1.

Councillor Jeannette Thomas, Executive Member for Housing, Health and Older People said: “One of our top priorities is providing good quality housing that people in Stevenage can afford. We are able to offer excellent value for our tenants as rent for the average three-bedroom council home in the town will be £106.03 per week, less than half of the average weekly private rent for a three-bedroom property of around £253.

“I’m sure the rent reduction is a largely seen as a positive thing for our tenants in hard-pressed financial times, but we use rental income to fund development and improvements programmes – such as providing new homes for Stevenage residents. We estimate that over 30 years we will lose £225 million in the amount of rental income we receive. This means we have much less money to invest in our current housing and to put towards building new homes.”

For further information on the rent setting process and to read the council’s housing allocations policy, please visit Stevenage.gov.uk

Cllr Thomas added: “I would urge our tenants to contact our Income Team as early as they can if they have any concerns or difficulties in paying their rent as the team can provide all kinds of support and advice.”

-ends-