Rent Increase
Parkhead Housing Association Chief Executive Officer Aileen McGuire today commented on the recently released Scottish Housing Regulator report on social landlords reported rent increases for year 2023/24;
“It was by far the toughest budget experience since I first started in the sector many years ago. We were hearing from our tenants saying they were so hard pressed financially and at the same time had seen our own costs rise dramatically.
Eventually our Board settled on a 2.5 % rent increase and although this is well below the Scottish average of 5.34 % for housing associations, and we understand the lowest in Glasgow, we still worry about its impact on our tenants. Our Welfare Rights, Social Purpose and Housing Officer teams will be working hard in the coming months to support our tenants."
