All social housing rents are set within strict guidelines and are worked out using a formula provided by the Government. A number of factors will determine how much rent you will need to pay, including how much your home is worth and the number of bedrooms in your home.
To help you understand more about rental charges made for your home and for the services provided by Paradigm, please read our guide to rent and service charges.
It is important to pay your rent and we provide a variety of methods by which you can pay your rent. We can also offer advice on ways in which you can reduce the likelihood of falling into arrears.
You can get more information on any of the areas below:
Remember, if you do not pay your rent:
- you will not be eligible for a transfer
- you will not be able to have a mutual exchange
- you will get a poor reference from us. If you are moving on to another landlord or buying a property we are duty bound to give a reference detailing your rent payment history.
- you may be subject to an attachment of earnings order deducting your arrears from your wages
- you may lose your home.
More information on rent and money matters is provided in our advice leaflets or by contacting our Customer Services team on 0300 303 1010.
Affordable rent model
The coalition government now expects us to raise the money needed to fund the building of new homes, by charging rents for new lettings at a level up to 80% of the market rent for the area. This new approach is called the Affordable Rent Model. To read more about our approach to charging higher rents click here.