For a fourth year in succession Warwick District Council will be reducing the amount of rent it charges to more than 5,000 housing tenants.
The reduction of 1% which was approved by the Council’s Executive will, subject to Full Council approval, come into effect in April and will offer savings of between £30 and £60 per household per year. The decrease means that in the past four years the amount of rent paid by the Council’s tenants will have been reduced by almost £1 million.
Warwick District’s Portfolio Holder for Housing & Property Services, Councillor Peter Phillips commented;
“In times of uncertainty and with the recent introduction of Universal Credit in our district, I am pleased that the Council has once again be able to offer this support to our tenants. This move in addition to the start of our £14 million investment programme in Council owned homes clearly demonstrates our ongoing commitment to providing high quality and affordable housing. “