Sunday, 23 November 2014

NIHE tenants to be hit with 3.6% rent increase

Tenants of the Northern Ireland Housing Executive will be hit with a rent increase of around 3.6 per cent from 1 April.

Social development minister Nelson McCausland approved the rent increase of around £2.12 a week on Tuesday. The increase brings average rents to £60.90 a week excluding rates, but NIHE rents are still around £20-a-week less than the average rent for similar local authority accommodation in England, £12 less than those in Wales and on a par with those in Scotland.

A statement from the organisation said rental income for the NIHE ‘needs to be sufficient to maintain accommodation at the standard expected by tenants and allow for adequate investment in the stock’.

Almost 80 per cent of NIHE tenants receive full or partial housing benefit support towards their rent.

The Department for Social Development is currently consulting on plans to split the NIHE up and potentially sell its homes off to housing associations.

Have your say

You must sign in to make a comment

sign in register

Related

Articles

  • Rent increase blow to landlords

    16 October 2014

    Housing experts are warning that landlords face a costs squeeze under the reformed social rent formula as a result of unprecedentedly low inflation rates.

  • Arm’s-length future considered for NIHE

    23/05/2014

    Officials mull ALMO model as they plan to break up the NIHE

  • Errors and staff churn at troubled NIHE

    23/05/2014

    The Northern Ireland Housing Executive is facing resignations and a ‘revolving door’ within its benefits department amid ongoing uncertainty over welfare reform.

  • Rent arrears soar for bedroom tax-hit tenants

    1 April 2014

    Rent arrears among social housing tenants in Merseyside have soared 35 per cent since the introduction of the bedroom tax.

  • Salary hike for new NIHE boss

    29/11/2013

    The troubled Northern Ireland Housing Executive could offer a ‘significant’ pay hike to its next chief executive in order to attract a turn-around specialist to the take on the top job.

IH Subscription