Assured and Affordable Tenants
Rents are increased on the first Monday in April each year (except for some Rentplus properties). The rent increase is set by Government. For most properties until 2020 rents will be reduced by 1% each year. For shared owners and some Rentplus properties rents will increase by the Consumer prices Index (CPI) plus 1% each year.
Secure tenants rent increases are set by the Rent Officer. Tamar will normally request the same rent for Secure Tenants as for Assured Tenants. Tamar will never charge more than the equivalent social rent for a property, no matter what rent the Rent Officer sets.