As part of the rent survey we asked if tenants felt their rent would be affordable following a rent increase of 2.8%. 61% of respondents said they felt their rent would be affordable, however as noted, we implemented a lesser rent increase.
The Scottish Federation of Housing Associations has also produced a rent affordability model, and we use this to check the affordability of our rent.
We appreciate that many tenants do not get pay rises in line with inflation, however we still need to meet the increases in our running costsComparability
As part of the rent setting process we compare our rent and rent increase with other Housing Associations.
Our rents are well below the Scottish average and also below the average within West Dunbartonshire.
The average rent increase this year across all of the West Dunbartonshire Housing Associations is 2.87%, and therefore our increase is below average and keeps our rents on average less than other Housing Associations in the area as well as across the country.
Comparability
As part of the rent setting process we compare our rent and rent increase with other Housing Associations.
Our rents are well below the Scottish average and also below the average within West Dunbartonshire.
The average rent increase this year across all of the West Dunbartonshire Housing Associations is 2.87%, and therefore our increase is below average and keeps our rents on average less than other Housing Associations in the area as well as across the country.