Rent and service charges

As a registered social housing provider, Stoll charges rent at a lower price than market rate. Rent is charged weekly in advance and a service charge to cover the upkeep and maintenance of our estates and the extensive communal facilities that all our residents benefit from.

How we set your rent

We follow the Government formula to work out a target rent. The formula applies to rents only, not service charges.

The target rent is based on:

• the average earnings for the area compared to the national average
• the number of bedrooms in your home
• the value of your home in January 1999

How we set service charges

Service charges are part of the total rent and covers the cost of running the scheme in which you live. This includes:

• communal cleaning
• lift servicing
• communal grounds maintenance
• upkeep of all other communal facilities

Other charges

You will pay additional charges for:

• water
• central heating and hot water
• Council Tax

All of these charges are not eligible for housing benefit and therefore need to be paid to us with your rent and service charge.