Why am I being charged 53 weeks rent next year?
There are 52 weeks plus one day in each year. That means every six years or so (subject to leap years), tenants have to make 53 rent payments, to cover the extra days.
The next financial year (2019/20) the extra day falls on a Monday so tenants will pay for this next year by making 53 rent payments.
You can use our rent calendar to understand how this will work.
What you need to do:
If you pay weekly, continue to pay each week as usual.
If you pay by Direct Debit you don’t have to do anything as we will make the change and let you know.
If you pay fortnightly, four-weekly or monthly, you will need to make sure that your payments cover the extra week.
Why is my weekly rent going down but my monthly Direct Debit going up?
If you pay your weekly rent by monthly direct debit, you may see your direct debit increase even though your rent has gone down. This is due to the 53 week rent due this year to account for the extra day, every six years.
See our further FAQS: