The End Justifies the Means

The Rent Setting Policy is significant for some causes as follows: foremost, it is absolutely crucial to have a scheme of setting leases to double-check that leases are inexpensive to tenants, as well as mirroring differentials inside the lodgings stock. For demonstration, rental variations because of dissimilarities in the dimensions and kind of lodgings supply accessible for let. Secondly, rental grades should be ample to rendezvous the charges of supplying an effective and productive service in line with our Business Plan objectives. Rents should be ample, too, to rendezvous our firm promises in the direction of supplying value services that offer worth for money.

Thirdly, the lease setting scheme should be clear and accessible to both tenants and staff. This encompasses setting up a lease setting scheme that is both flexible and very easy to administer. Fourthly, it is absolutely crucial to obey with any lawful and good perform provisions in evolving this Policy. It is a basic standard of this Policy, thus, that we will confer with tenants in formulating and reconsidering this Policy. This will encompass reconsidering lease grades and suggestions for lease rises in esteem of service options.

Finally, we aim to obey with the Communities Scotland regulatory benchmark that agreements with lease setting.

Market schemes

Market schemes take numerous components into account when setting leases for example the charges of supplying lodgings (the capital costs), grades of demand and earnings grades of both present and future tenants. In truth, this means that lease grades will alter substantially with tenants in higher earnings brackets having larger get access to possibilities to housing.

This scheme, then, is apparently not matching with our aim of setting lease grades that are inexpensive to tenants and not garbled by market components for example demand and supply. (Oliwer Marks ...