Average Rent Charges

We compare our rents with the Scottish wide averages which the Scottish Housing Regulator (SHR) produces and publishes by September each year. We have also worked with the Scottish Housing Network (SHN) and with the other local Drumchapel housing providers (Drumcog) to provide further comparable benchmarking data. The benchmarking data below relates to charges applied during the last two years

Property Size	2016-2017 Results				2017-2018 Results
Property Size	Pineview HA	SHN	DRUMCOG	Scottish Average	Pineview HA	SHN	DRUMCOG	Scottish Average
1 apt	N/A	£ 49.00	£41.30	£ 66.55	N/A	£ 48.40	£42.13	£ 67.44
2 apt	£ 61.69	£ 65.80	£ 66.93	£ 71.67	£ 62.30	£ 67.20	£ 68.07	£ 73.33
3 apt	£ 71.37	£ 73.50	£ 73.96	£ 73.13	£ 72.09	£ 75.10	£ 74.96	£ 74.94
4 apt	£ 80.40	£ 82.50	£ 87.02	£ 79.42	£ 81.21	£ 84.30	£ 88.22	£ 81.37
5+ apt	£ 88.46	£ 91.80	£ 90.54	£ 88.02	£ 89.34	£ 93.30	£ 90.67	£ 90.39
Total Average Weekly Rent	£ 73.45	£ 74.10	£ 76.60	£ 74.44	£ 74.17	£ 75.70	£ 77.68	£ 76.23

We are keen to ensure that the rents we charge represent value for money to our tenants. We were very pleased with the response from our tenants in the 2016 tenant satisfaction survey where 94% thought that their rent represented good value for money (3% gave a neutral response and only 3% thought the value for money was poor). This result compares very well to the national average of 82% and our 2013 result of 79%.

Our average rent charges for the last three years are detailed below. All our current rents pass the Scottish Federation of Housing Association (SFHA) affordability test which checks to see if rents are affordable to tenants and prospective tenants.

Pineview Property Size	2017 - 2018 Average	2018 - 2019 Average	2019 – 2020 Average
2apt	£62.30	£64.23	£65.77
3apt	£72.09	£74.23	£76.01
4apt	£81.21	£83.65	£85.65
5+apt	£89.34	£92.02	94.23
Total Average Weekly Rent	£74.17	£76.40	78.23

We will continue to ensure that rents and the annual rent increase on average, does not unreasonably exceed levels set by other housing associations working in the same area, where the current rent, the type and specification of the property, the location and the service is comparable.