Recently, Tai Môn Housing Services reviewed and tested the affordability of the rents and service charges we currently charge.
We are extremely pleased to announce that every single one of our rental charges are passing the affordability criteria.
The measure we have used is a tried and tested, popular and widely used affordability model developed by The Joseph Roundtree Foundation.
This states that rent is affordable if it is no more than 28% of a tenant’s income or 33% of the income if a service charge is also charged.
Naturally, we don’t have details of all our tenants’ income. Therefore, we have used the Real Living Wage to calculate this as we feel that the majority of our working tenants will be earning this rate of income given the Welsh Government’s drive to pay staff the Real Living Wage.
We are extremely pleased to be sharing this news. We need to know how this feels for you.
Is our assessment something shared by you?
We are very eager to have your opinion on this and on the services you receive from Tai Môn Housing Services by answering this questionnaire.
Prize draw
At the end of the survey, you will be asked to include your contact details if you want to be part of the prize draw!