Skip to main content Skip to footer

Annual rent setting

At Karbon we set our rents in line with government policy and guidelines from the Regulator of Social Housing, this is known as the Rent Standard. 

Last year the Government confirmed that there will be a social housing rent cap of 7% in 2023, this is designed to support households with the rising cost of living. As a result, we will be increasing our rents by 7%.

We will be closely monitoring any impact on our customers.  If you or someone you know is struggling to pay rent, are having money problems or just need some help and advice, please give us a call as there are many ways we can help. For example, our Money Matters Team can help with any debts, benefit maximisation and also give advice on household budgeting.  The best way for us to support you is for you to get in touch and talk to us.  

We aim to provide as many good quality homes as we can, and as a not for profit organisation, this year’s rent increase will help us manage our rising energy, material and operational costs. It will also enable us to continue our investment in the improvement and maintenance of our existing homes, keeping them safe and secure; help us to build more new affordable homes for local people; and support the delivery of ambitious environmental sustainability targets.

Back to all news

More news

First phase of affordable homes at Seaham Garden Village gets underway

At Home with Karbon summer edition has landed

Hello! A very warm welcome to the summer edition of At home with Karbon, where you’ll find engaging stories and helpful information.

Recite Me