Housing Service: Rent Setting Policy
Overview
This consultation is for Waltham Forest residents, especially those living in council-owned or managed housing.
We are seeking your feedback on the proposed Housing Rent Setting Policy, which aims to ensure that the policy is fair, transparent and affordable while meeting legal and financial requirements.
The Housing Rent Setting Policy outlines:
- How the council works out the rent for their homes, using a clear and fair method.
- How and when rent changes are reviewed each year, and what limits are in place to keep rents affordable.
- How transparency and fairness are maintained, and how residents are informed about changes to their rent.
Summary
The Rent Setting Policy explains how the council calculates and applies rents for council-owned homes. It ensures rents are set fairly, transparently, and in compliance with government regulations, while maintaining the financial sustainability of housing services. The policy covers formula rent calculations, annual reviews, service charges, and affordability considerations.
Before completing the survey, please read the draft Rent Setting Policy.