Latest News Headlines
On-Air Now
Listen Live
Facebook

Public sector rents to increase by 10%

Fri, 02 Dec 2011


Public sector rent is going up by 10%.

The Department of Social Care has announced it's putting housing costs up from the first of April next year.

The increase is double the current rate of inflation.

The Department says it's necessary due to the rising cost to the taxpayer, estimated to be around £7million this year.

The rise will be an average of £7 a week for a typical three bedroom house, whilst sheltered housing will be around £2.40 extra.

Despite the rise, rents will remain less than 40% of the cost of private rentals, around half the cost of public housing in the UK, and a third compared with the Channel Islands.

 


Bookmark and Share

 

 

Subscribe to get Energy FM News direct to your mobile device

You can get Energy FM News delivered direct to your mobile device using one of the following methods.

  • In the Apple News App on iOS search for Energy FM IOM and then just add it to your favourites
  • In the Google News & Weather App just search for Energy FM and then add us as a customised section
  • If you use an RSS Reader then just add our feed to your app, click here for our news RSS feed