Changes to rent charges 2022/23
- Rent and service charge change letters were posted in late February 2022,
- For monthly rent and service charge, changes were applied from 1 April 2022,
- For weekly rent and service charge, changes were applied from 4 April 2022.
Social rents are set by government legislation. This includes any increases that happen.
This year (2022/23) your rent will increase. The amount of increase is set by the The Regulator of Social Housing, using the September 2021 Consumer Price Index (CPI).
This involves calculation of things like “national average rent”, and “relative county earnings”.
There are two government documents that explain rent increases in detail:
- Rent standard 2020 (PDF on GOV.UK) (Previously known as The Direction on the Rent Standard 2019)
- Supported by Policy statement on rents for social housing (PDF on GOV.UK)
The government website explains that social housing rent will be increased by a maximum of the September 2021 CPI +1% from April 2022. If this increase exceeds the Government’s ‘rent flexibility level’ (as mentioned in the Rent Standard 2020), then the rent will be increased by the September 2021 CPI only, without the +1%.
Your rent will be calculated based on your tenancy type as outlined below, but your letter explains this in more detail. You can request an additional copy of the letter if you wish. For more information take a look at our Rent - FAQS (Frequently Asked Questions)
Changes in rent by tenure
If you’re not sure what type of tenure you are, you can check your tenancy agreement or contact us.
General needs: up to 4.1% increase
Tenancies where a social housing rent is charged on either an assured or assured shorthold tenancy.
Affordable rent (ART): up to 4.1% increase
Tenancies created following the Welfare Reform Act 2012 where rents are set at up to 80% of the market value.
Mortgage rescue: up to 4.1% increase
Tenancies where Hyde has purchased the properties and let them back to the original owner at an intermediate market rent.
Supported housing tenancies: up to 4.1% increase
Rented accommodation where there is an additional support need - for example, access to a warden or support worker.
Shared ownership: Dependent on lease
Tenancies where the customer owns a percentage of the property and pays rent on the remainder owned by Hyde. These are calculated using RPI* plus 0.5%, 1% or 2%, dependent on lease.
*Retail Prices Index (RPI): The RPI is published by the Office for National Statistics. It measures the average change from month to month in the prices of goods and services purchased by most households in the UK.
Market rent: Based on market review
Tenancies where rent is charged at market value. This is 100% of market rent, calculated by Hyde New Homes, but we are capping any increase to 4.1%, to avoid very large increases.
Intermediate rent: Based on market review
Tenancies where rent is charged at 80% of market value This is 80% of market rent, calculated by Hyde New Homes, but we are capping any increase to 4.1%, to avoid very large increases.
Garages: 4.1% increase
Parking spaces, Licences, Allotments: 4.1%
Changes to service charges
If you pay service charges, the rent change letter will also include your service charge estimate. Read more about service charges on our dedicated pages.
If you have a specific rent query, please email HydeRentLetters@hyde-housing.co.uk and we will reply within four working working days.
If you have a service charge query, please fill in our service charges enquiry form. Queries will be managed in date order. We aim to resolve your query as quickly as possible, but some queries may take longer at this time because we have an increased number of calls. You might hear from the team in the meantime if they need to check anything with you.