Margaret Ritchie approves below inflation Housing Executive rent increase

Social Development Minister Margaret Ritchie MLA, today approved a below inflation rent increase for Housing Executive tenants.

The rent increase, which is understood to be the lowest ever, will see an increase of 1.95% in the coming financial year.

The Minister has kept the rent increase to a minimum while seeking to provide sufficient funding for the Northern Ireland Housing Executive’s maintenance programmes. The increase will mean, on average, an additional £1 per week for tenants

Margaret Ritchie said: “This is all about putting tenants first. In these times of financial hardship, every penny counts. I have therefore resisted calls for an above inflation rent increase. I do not think that would be appropriate at this time. The rent increase will actually be below the rate of inflation.

“What’s more, 80% of Housing Executive tenants will not have to pay it, as they are on housing benefits.”

Notes to editors:

1. There are around 90,000 Housing Executive tenants in Northern Ireland.
2. For further information, contact the DSD Information Office on 028 9082 9496. Out of office hours please contact the Duty Press Officer via page number 07699 715440 and your call will be returned.

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