Annual Rent Increase Consultation
Each year Registered Social Landlords are required to consult with their tenants on any proposed rent increase. The rent increase for 2020/21 is due to take effect from the 1 April 2020.
In July 2018 ANCHO’s tenants voted overwhelmingly in favour of a new partnership with Cairn Housing Association. ANCHO became part of the Cairn Housing Group in November 2018 following consent from the Scottish Housing Regulator and the Financial Conduct Authority.
The partnership between ANCHO and Cairn offered an affordable rent guarantee for five years, with lower rent increases than proposed by a stand-alone ANCHO.
The Rent Guarantee promised:
CPI at September 2019 was 1.7% and in line with the Rent Guarantee the Management Board have decided to consult tenants on a 1.7% rent increase from 1 April 2020.
What does increasing rents by CPI only (1.7%) look like?
Average rents would go up by £1.41 per week for flats/houses and 12p per week for garages
We appreciate that no increase is ever welcome, but increasing rents by 1.7% allows us to keep our promise made in the Rent Guarantee to increase rents by CPI only, deliver the good service you enjoy today, keep rents more affordable and deliver the accelerated investment commitments made in our partnership promises.
We welcome your thoughts on the proposed increase. Your views will be reported back to the Management Board in January 2020 when they make the final decision on the rent increase that will be applied.
Our Management Board have requested that plans be prepared on the basis of CPI only option being preferred by tenants.
Please tell us what you think using the feedback form on this page, calling or visiting the office or by completing and returning the feedback form (issued with the consultation letter) in the pre-paid envelope that was also enclosed.
Responses should be made by Monday, 6th January 2020.
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Sovereign House, Academy Road,
Irvine, Ayrshire, KA12 8RL
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Tue: 9.00am - 5.00pm
Wed: 9.00am - 5.00pm
Thu: 9.00am - 5.00pm
Fri: 9.00am - 5.00pm
Registered Society under the Co-operative and Community Benefit Societies Act 2014
Scottish Housing Regulator
Recognised as a Scottish Charity
Registered property factor