Prospect would like to ask all their tenants for their views on their proposal to increase the rent and service charges.
Our proposal is to increase rent by 2.7% from April 2019. One of the aims of our Business Plan is to limit rent increases to 0.5% below inflation. We use the Retail Price Index to give us the inflation figure, and this year this figure is 3.2%. We have looked closely at all our expenditure planned for next year and beyond that, and believe that a rent increase of 2.7% will be sufficient to allow us to continue to provide a value for money service.
We want to make sure as many tenants as possible have a chance to share their views with us during this consultation so there are different ways available to take part.
- You can complete an online survey here
- You can complete and return the freepost postcard they have sent out to tenants
- Let them know your mobile number and they will text you a survey link
You can find more information in the Rent And Services Charge Consultation 2019/20.
All tenants who take part in the survey will be entered into a prize draw to win one of 3 prizes of £50 Love To Shop vouchers.