The cost of providing our services has been increasing.
Our rents are set using Government guidelines and your rent pays for the vital services that
we provide.
For 2025/26 we plan to spend your rent on:
We also receive income from bank loans and other non-housing rents. We will spend 41% of our total income on building sustainable homes, 17% on repairing your homes, 14% on providing quality sustainable homes including energy efficiency works (new windows, wall insulation, heating, new kitchens, and bathrooms etc), 8% on supporting sustainable tenancies, digital services, and general overheads. We plan to spend 11% of our income on employee costs to deliver the above services, and the final 9% is to be used to pay the interest on our loans.
To allow us to continue this investment we need to increase your rent.
A breakdown of our spend from 2023/24 is included in our annual report to tenants.