Your rent is changing from April 2020
For the first time in four years, in line with government recommendations, we’re increasing tenants’ rents by 2.7% in 2020.
Over the past four years Catalyst has reduced rents by 1% each year following a government policy from 2015 that required all social housing providers to cut their rents over a four-year period.
As a housing association, the rent we charge is set out by the government. From April 2020, the government regulator is recommending that housing associations increase rents in line with its 2020 rent standard. This is the Consumer Price Index increase (cost of living) at September 2019: 1.7% plus an additional 1%.
The government wants housing associations to build more homes to meet a national shortage and to invest more in services for existing tenants and communities.
From April 2020, in line with government recommendations, we are increasing rents by 2.7%.
You should have received a letter which details what this means for you and your rent, along with a set of FAQs to answer any questions that you might have.
If you have any questions or want to discuss how the rent changes may affect you, please call 0300 456 2099 or email us at firstname.lastname@example.org
To learn more about rent and service charges, please visit Ask Catalyst for our FAQs.