How your rent is worked out

Your rent is what you pay us 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.

Go to Paying your rent leaflet

If you have a question about your rent or need advice, please contact us.