Average Rent Charges
Our average rent charges for the last five years are detailed below. All our current rents pass the Scottish Federation of Housing Association (SFHA) affordability test which checks to see if rents are affordable to tenants and prospective tenants.
Pineview |
2019 – 2020 Average |
2020 - 2021 Average |
2021 - 2022 Average |
2022 - 2023 Average |
2023 - 2024 Average |
Property Size |
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2 apt |
£65.81 |
£68.62 |
£67.37 |
£69.14 |
£71.21 |
3 apt |
£76.04 |
£79.23 |
£77.23 |
£79.28 |
£81.74 |
4 apt |
£85.65 |
£88.83 |
£86.73 |
£89.01 |
£91.69 |
5+ apt |
£94.23 |
£96.70 |
£95.56 |
£98.09 |
£101.07 |
Total Average Weekly Rent |
£78.25 |
£81.46 |
£79.65 |
£81.76 |
£84.25 |
The 2021-22 rents are lower as we reduced rent charges following the transfer of engagement from Kendoon. Ex Kendoon tenants came across to the lower cost Pineview rent structure and over 80% of tenants got a rent charge reduction.
We will continue to ensure that rents and the annual rent increase on average, does not unreasonably exceed levels set by other housing associations working in the same area, where the current rent, the type and specification of the property, the location and the service is comparable.