How your rent is worked out

                   

Swinburne House, E2

                                        

Rent is a payment you make to live in your home.

Rent levels are usually set once a year by the council, using a government formula and the amount changes at the beginning of April (the financial year).

Tower Hamlets Homes tell you about the increase the council has decided by giving you at least four weeks written notice of any change in the rent, service charge and any heating or other charges.

 

Working out your rent

Tower Hamlets council works out your rent using a same formula which is set by the government. All councils and registered social landlords use this formula. The following things are taken into account when your rent is worked out:

  • average manual wages in Greater London
  • value of your home
  • number of bedrooms in your home

 

Is my rent different from my neighbours?

If you have more bedrooms than your neighbours, or if your home is valued higher because, for example, it has a garden, you could pay more rent than your neighbours.

The rent may be different for identical homes in different locations, as location is a factor in working out a homes value.

You can find out more about how your rent is worked out by downloading our factsheet How your rent is worked out (pdf 462kb)

Or get in touch with the Rent Accounting Team at:

Tower Hamlets Homes
Jack Dash House
2 Lawn House Close
London, E14 9YQ

Tel: 020 7364 2200
Fax: 020 7364 6060
Email: rents@towerhamletshomes.org.uk.

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Tower Hamlets Homes manages housing services for Tower Hamlets Council.

Tower Hamlets Homes is a trading name of Tower Hamlets Homes Limited, a not for profit company limited by guarantee controlled by the London Borough of Tower Hamlets. Registered in England 06249790. VAT Registration No 912 4819 30. Registered Office: Jack Dash House, 2 Lawn House Close, Marsh Wall, London E14 9YQ.