Deciding together how much rent you pay
We have over 9,000 homes across Neath, Port Talbot and Pontardawe.
Last year we collected £42 million pounds in rent from you, received £6 million from a Welsh Government grant and £3 million from other income.
Every year our rent increase is based on guidelines given to us by Welsh Government. This year we have also worked with tenants to consider how much rent to charge for 2020/21.
A detailed survey about affordability was completed by over 1400 of you and has given us a great understanding of what you think about the rent you pay.
You have told us that our rents are generally affordable and fair, but we wanted to work with you to do better. We wanted to aim for fairness and sustainability for both of us.
Working together with a group of you, we looked at what the survey told us and decided on three affordability principles, which are summarised here:
1. We will compare our rents against those charged by private landlords, so that they remain affordable.
2. We will adopt a ‘Living Rent Policy’ so that rent is affordable for someone working full time and earning the national living wage.
3. Our rents will consider the number of bedrooms you have.
A summary of each working group session held in 2019 can also be found here:
The majority of our money is spent on improving and maintaining your home and on our services.
If you’d like to get involved in the next steps of our review or would like more information then please e-mail firstname.lastname@example.org