H O U S I N G

Rents

Rent is due every Monday and is payable one week in advance. It can be paid in any of the following ways:

1. By direct debit or standing order through a bank or building society.

2. At any post office with your Girobank rent payment card.

3. By sending a cheque direct to the Magna offices at Hollands House, or St Peter's House.

Rent Arrears

One of the jobs of the Housing Management staff is to keep rent arrears as low as possible, so that we have money to invest in people's homes. Below is a table showing rent arrears for this year and last year (amount £,000)and arrears as a percentage of rental:

£,000 Apr May June July Aug Sept Oct Nov Dec Jan Feb March
05/06 arrears £260 £273 £332 £330 £215 £232 £221 £284 £153 £307 £315 £306
06/07 arrears £359 £426 £426 £428 £330 £350 £350 £425 £239 £343 £339 £312
07/08 arrears £356 £409 £412 £406 £277 £275 £288 £367 £302 £329 £403 £420
08/09 target £291 £318 £339 £354 £298 £291 £264 £294 £197 £263 £274 £265
07/08 arrears as % of rental 4.3% 5.0% 5.0% 4.9% 3.4% 3.3% 3.5% 4.5% 3.7% 4.0% 4.9% 5.1%

The table below shows what action we have taken against tenants in arrears during 07/08:

  Apr May June July Aug Sept Oct Nov Dec Jan Feb March
Section 21 Notices   0 0 0 0 0 0 0 0 0 0 0
NSPs 8 14 16 9 14 7 10 16 6 11 9 17
Court hearings 3 1 2 5 3 5 1 5 2 3 2 1
Evictions arranged 1 0 0 1 0 0 0 1 0 0 0 0
Evictions undertaken 0 0 0 1 0 0 0 0 0 0 0 0

On some occasions, rent arrears have to be written off. Below is a table showing figures for this year and last year (amount £,000):

£,000
Apr
May
June
July
Aug
Sept
Oct
Nov
Dec
Jan
Feb
March
Total
Amount 06/07 written off
£0
£0
£11
£0
£1
£0
£0
£0
£0
£0
£5
£10
£27
No of cases 06 /07
0
0
11
0
1
1
1
1
1
1
13
38
68
Amount 07/08/written off
£0
£3
£1
£7
£5
£1
£12
£15
£0
£4
£7
£5
£60
No of cases 07/08
0
12
7
31
11
6
8
18
15
20
28
6
162

 

last updated 17.07.08

©2004 Magna Housing Group. All rights reserved.