What your rent pays for
One of the most asked questions we receive are 'What does our rent pay for?'. Well, now you can find out.
Your rent helps to pay for many of the services you receive by being a Bromford customer.
Using figures from the last financial year (April 2015- March 2016), we've put together on the colourful chart below how much of each pound of rent you spend goes towards our services...
34p, just over one third of each pound of the rent you spend, goes towards the services you receive. This includes services such as our 24 hour emergency repairs line and improvements to your home. The 34p spent also goes towards keeping your neighbourhood in good condition. Such as cutting the grass and cleaning your hallways.
31p, just under one third helps us to build new homes, helping existing customers looking for a new place to live and new families to get onto the property ladder. You're helping to create thriving communities and make new memories.
35p goes towards our interest bill and repayment of the loans used to pay to build your home.
So that's over half of what you pay in rent, well 65p to be exact, goes towards your services and building a better future together.
To find out more about our value for money, click here.