Rent Changes from April 2023
Changes to your rent from April 2023
Your rent and service charges are reviewed annually. The government confirmed in its Autumn Statement on 17th November 2022 that housing associations such as EPIC would be able to raise rents by up to 7% in 2023/24. Normally rents would have risen by 11.1% (CPI + 1%) – but this will be capped at 7% for the year 2023-24. We believe that to continue to deliver the good quality services you expect, we need to maximise the money we receive from rents and apply the full increase of 7%. The money we get from our rents is a major source of income. It pays for the services we deliver and the investments we make in our homes. Please note that we have made the decision to freeze all service charges again this year.
To help answer any questions you may have please take a look at this list of FAQs.
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