Rent and service charge estimates 2023/2024
Rent increases are set by the government and are capped below inflation at 7% for the coming financial year. Service charges will also be increasing, these are not subject to the rent cap as we charge for the actual cost of the service being delivered. Some people living in blocks with communal services will unfortunately see significant increases. This is because of the unprecedented increase in energy costs that we’ve all seen recently. This has pushed up the cost of communal electricity and gas.
We know that many households are being affected by rises in the cost of living. If you do have any concerns about your finances, please contact us. Our specialist Money Support service is here to help. They can provide advice and support with budgeting, maximising your income and claiming welfare benefits.
You can access the Money Support service by calling 01892 501480 or emailing email@example.com