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| What Is A Broad Rental Market Area? | |||||||||
The Rent Service has divided the country into Broad Rental Market
Areas. These are made up of a number of neighbourhoods. In this area
there will be a wide mix of property types within a reasonable distance
of various public amenities such as health, education, recreation,
personal banking and shopping. From the information that is collected
the figure that is the mid-point of these rents will be the figure that
is used as the Local Housing Allowance rate. This will not take into
account any rents from this area that are unusually high or low. The Rent Service will continually monitor the local rental market and update the Local Housing Allowance figures for each Broad Rental Market Area every month. They may go up or down or stay the same. This does not mean that the Local Housing Allowance rate applied to a persons claim will change monthly. A rate will be applied for the month in which they claim and will be reviewed annually. The Benefits Service will be advised of these figures every month and these will be advertised. There will be a number of different rates for each area based on the number of bedrooms each household needs. To learn more about the Rent Management Service please either speak with one of our business development managers on 0800 083 0626 now or complete a contact form and we will call you back within the hour or at the time specified on the form. Alternatively, please feel free to chat securely online using our website chat button below. |
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