AQW 5497/22-27 Written question to the Minister for Communities

To ask the Minister for Communities to outline (i) the average percentage increase in rents; and (ii) the average total increase in rents for each year between 2014-2024 for social homes owned by the Housing Executive.

Asked by Kellie Armstrong MLA on 5 February 2024

  • Answered
  • Written
Tabled
5 February 2024
Answer due by
20 February 2024
Answered
20 February 202415 days after tabling
Department
Department for Communities
Priority question
No

Answer

In January 2024, my Department approved the 2024/2025 rent increase for NIHE homes of CPI+1%. This is equivalent to an increase of 7.7%, £5.72 per week.

The average increase in rents each year, 2014/15 to 2024/25:

YEAR% RENT INCREASEAVERAGE RENT (£)AVERAGE RENT INCREASE (£)
2014/154.263.522.64
2015/164.8566.603.08
2016/170.066.600.00
2017/180.066.600.00
2018/190.066.600.00
2019/200.066.600.00
2020/212.768.391.79
2021/221.569.411.02
2022/230.069.410.00
2023/247.074.244.86
2024/257.779.965.72

Official sources