Paying your rent
We aim to make paying your rent as easy as possible.
It is a condition of your tenancy that your rent is due each week in advance. Your arrears should not build up between payments. This means if you pay weekly then you should be one week in advance, if you pay four weekly you should be four weeks in advance and if you pay monthly then you should be one month in advance. This still applies if you are in receipt of Housing Benefit, Universal Credit or Discretionary Housing Payments.
If you're struggling, please contact us to arrange a payment plan.
If you pay your rent monthly, it is due on the first of each month. If you would prefer to pay your rent at a different time of the month to fit with your pay day, please contact us to arrange it.
Remember: Your rent account should be in credit at all times. You can request a rent statement at any time.
Over the last four years Network Homes has reduced rents by 1% each year. We did this because the government told all social housing providers to lower rents during a period of austerity. But from 1 April 2020, the government is allowing social landlords to increase rents in line with its 2020 Rent Standard.
The 2020 Rent Standard allows rents to increase every 12 months from April 2020 until March 2025 by 1% plus the Consumer Price Index (CPI). The relevant CPI measure is taken from September the previous year, and in September 2019 the CPI was 1.7%.
We’ve decided to apply this increase in full, so your rent will go up by 2.7% (1% plus 1.7% CPI). In making this decision our Board carefully considered the impact of affordability on residents, including what’s happening to wages and benefits for people on low incomes, and assessed that against the financial capacity we need to keep delivering our social purpose of building new affordable homes for people in the future.
CPI shows how the price of goods and services are increasing, and is commonly known as inflation or the cost of living. As prices increase, each pound we receive in rent becomes less valuable because it pays for fewer goods and services. We’re committed to providing high-quality homes and services so to keep doing this we’ve decided to increase rents in line with CPI.
You can find out more about CPI on the Office for National Statistics’ website at www.ons.gov.uk.
If you get Housing Benefit (or housing cost payments through Universal Credit) you might be able to get extra money to pay for your rent increase. Tell the housing team at the council about the increase before it starts and give them a copy of the rent increase letter from us. You can do this by visiting your local council office.
If you already pay us by direct debit, you don’t need to do anything. We’ll automatically amend your direct debit to the new amount. You’ll get a letter from AllPay to confirm your new schedule of payments. If you pay by standing order, you’ll need to tell your bank that the amount has changed. You can check that this has been done by looking at your bank statement.
If you’re struggling to pay your rent, you should let us know as soon as possible. It’s better to deal with the problem straight away rather than letting rent arrears build up.
Our Income Team is here to help you. You can call them on 0300 373 3000 or e-mail: email@example.com.
You can also get free, confidential advice on how to manage debt from:
The rent you pay for your home is our main source of income. We use this money to carry out repairs and improvements to homes and neighbourhoods. As a not-for-profit organisation, any surplus we make is reinvested into services that benefit you. The 2.7% rent increase will enable us to do more – such as upgrading more homes, building new ones and creating community projects that improve people’s lives.
Your service charge is calculated separately. Service charges are based on the cost of providing the communal facilities that you use. Your service charge is included as a separate itemised amount in your rent increase letter.
If you have a question that’s not covered in this booklet, you can talk to us on 0300 373 3000 or contact us via our website or by email: firstname.lastname@example.org.
To find out how we set our rents, click here.