Rent and Service Charges - Questions and Answers

The setting of rents is required to take account of the provisions of the Welsh Government Rent and Service Charge Standard 2020-2025 and in October 2024 Welsh Government confirmed that the maximum rent increase for social housing was 2.7%.

The Council's HRA Business Plan has been stress tested to see what changes in rents and service charges need to be made to allow it to remain viable, maintain essential standards for existing homes and be able to increase the number of affordable homes available across Powys.

Taking into account the consultation undertaken with the Tenant Scrutiny Panel the conclusion is that a rent increase of 2.7% is necessary to make sure that the Housing Service is sustainable and able to provide homes and services for both current and future tenants.