Rent Changes from 1 April 2024

Changes to your rent from April 2024

Your rent and service charges are reviewed annually. In January this year, the Regulator of Social Housing announced that housing associations, such as EPIC Housing, will be able to raise rents by the rate of CPI inflation last September (which was 6.7%) plus an additional 1%. This means rents for social housing properties can increase by 7.7%.

We believe that to continue to deliver the good quality services you expect and to invest in your homes, we need to maximise the money we receive from rents and apply the full increase of 7.7%. The money we get from our rents is by far our largest source of income. It pays for the services we deliver and the investments we make in your homes and communities.

To help answer any questions you may have please take a look at this list of frequently asked questions. This document also explains what the 53-week financial year means for you.

 

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