Councillors approved a 1.1 per cent increase in housing rents for the year ahead at a Special Meeting of Stirling Council.
The decision supports the views of the majority of Council tenants, who were consulted on potential rent rises of between 1.1%, 1.5% or 1.7% for 2022/23, with the vast majority (66.48%) supporting a 1.1% increase.
The increase will raise an additional £232,000 in rental income to enable the Council to continue with its proposed investment programme in its housing stock for 2022/23.
The extra funds will enable investment in:
- 250 kitchens.
- 200 bathrooms.
- 200 central heating units.
- Window replacements in 200 properties.
- Building or purchasing approximately 70 properties.
- Renewables for 137 properties.
Councillors also voted for a 1.1% increase in rent prices for garages and pitch sites for 2022/23.
Lowest possible increase
Housing Portfolio Holder, Councillor Jim Thomson, said: “We understand our residents are facing financial pressures across the board, from the rise in heating bills to the increasing costs of groceries and fuel prices.
“That’s why we listened to the views of our tenants and backed the lowest possible increase in their rent costs. This decision means that our council house rents remain the second lowest in Scotland, avoiding a significant additional burden on our tenants while their income is stretched due to the rising cost of living.”
Listening to the views of tenants
Joint Depute Portfolio Holder, Councillor Danny Gibson, said: “Our annual rent consultation is vital for us to gather tenants views on what rent increase they would like to see and make a decision that would be of the most benefit for our residents and Council services.
“We have listened to what our tenants wanted and responded accordingly, delivering a rent increase that will be sufficient to fund the increasing cost pressures on our Housing Service in the coming year ahead.”
Investment in Council housing
Joint Depute Portfolio Holder, Councillor Alasdair MacPherson, added: “Our rent increases have been consistently lower than the average in Scotland and we have maintained that again this year.
“The money raised from this increase will help us to undertake significant investment in our Council housing stock, providing our tenants with high quality homes that meet their needs.”