Why you need to pay your rent
We are proud of our homes and the people who live in them.
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Rent statements with MyRiverside
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How is rent reviewed?
Each year, we carry out a rent consultation to review rent levels and ensure they are fair, affordable and sustainable.
Key dates
New charges apply from 1 April 2026
Rent Increase
In 2026/27 our Board approved a 5.7% rent increase.
How is your rent spent
Your rent helps fund repairs, maintenance, services, and investment in homes and communities.
A full breakdown of how every £1 is spent is in our Annual Performance Report.
We develop a proposal
- We carefully assess our financial position, rising costs and future plans.
- This includes looking at repairs, maintenance, investment in homes and neighbourhoods, and wider economicfactors like inflation and increasing material costs.
- We aim to set the lowest possible rent increase that still allows us to maintain services and invest in homes.
We consult with tenants
- We write to all tenants with details of the proposed rent increase and the reasons behind it.
- Tenants are invited to share their views and feedback by a set deadline.
- In some years we may offer options, but where finances are tight, we may present one proposed increase to be fully transparent about what is needed.
We consider affordability and value for money
- We compare our proposed increase with the wider housing sector to ensure it remains competitive.
- We consider the cost-of-living pressures on tenants alongside the need to avoid delaying essential investment, which could lead to higher costs in future.
- Our rent structure reflects property size and type, so increases vary between homes.
We review feedback and make a decision
- All tenant feedback is reviewed alongside financial evidence.
- A report is presented to the organisation’s Board, who make the final decision on rent levels.
We confirm and support
- Once agreed tenants will receive at least four weeks’ notice before the new rent takes effect explaining your rent for the next financial year (April–March).
- We continue to provide money advice, financial support and wider services to help tenants manage their rent.

