Wolverhampton Homes Council tenants are facing a 3.3% rent increase coming into force in April of this year. The increase, which is set to be approved by Wolverhampton City Council on Wednesday, with average weekly rents across the city rising to £83.78.
Garage rents will increase by the same amount. Council bosses say the additional revenue from the rent increases will be used to fund £2 billion of capital works to council houses over the next 30 years. Under Government guidelines all rent revenues must be re-invested in the council’s housing estate, and are due to come into effect from April 6.
You can read more on this over at the Express and Star.