Your rent

From April 6, the average rent increase for 2009 will rise by £3.82 a week. As promised in the offer document before the housing transfer Cross Keys Homes' rents will increase in line with a Government formula.
This formula uses the September 2008 rate of inflation of 5% plus adjustments for the number of bedrooms, the property value and average local incomes, to arrive at a 'target' rent for each property. Most of our rents are currently below target and we have to ensure that rents increase at a steady rate to hit target by 2012.

Below is a table which shows the average rent across Peterborough by the number of bedrooms and the percentage average increase.

Bedrooms	Rent	Increase
bedsit	£54.87	5.87%
1	£62.80	6.08%
2	£73.47	5.65%
3	£77.99	6.21%
4	£82.61	7.01%
5	£83.80	7.81%
6	£94.81	7.43%

The above table does not include increases to any extra charges you may pay such as Lifeline or for a caretaker service. All tenants should have received a personal rent increase statement in March.