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Greenock Telegraph

Rents increase for tenants

Russell Steele • Published 15 Feb 2012 15:25 Mobiles Print Comments 2 Comments

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RIVER Clyde Homes are to increase rents by just over five per cent.

Bosses say the rise sees the housing association keeping to its 'promise to increase rents by no more than the rate of inflation'.

The landlord made the commitment at the time of housing stock transfer in 2007 and said it would remain in place for five years.

Board members agreed last night to approve a recommendation to increase the rents, following a rent conference held in Greenock at the end of January.

Anne Marie Bagstad, chair of the RCH board, said: "While any rent increase is unwelcome news for tenants, especially in difficult economic times, our operating costs are set to increase this year.

"We made a promise at transfer to limit rent increases to inflation levels.

"As a result of the current economic conditions this means the rise will be no more than the rate of inflation."

This article appeared in Greenock Telegraph 15 Feb 12

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