Importance of Paying Your Rent
Your rent is calculated monthly and should be paid on or before the 28th of each month. This means, for example, that February's rent should be paid on or before the 28th February.
It is vital that rent is paid in full and on time. It is a condition of your tenancy agreement that you pay your rent on time. If you persistently fail to do this the Association may have no option but to take legal action against which could lead to you losing your home. Our rent policy sets out how the Association deals with rent collection and arrears.
Rent is Kendoon Housing’s only source of income. Without rent we cannot provide our services and maintain our homes. We will therefore take firm action against tenants who do not pay their rent.
The rent you pay is used in four main ways, these are:
- To pay for repairs and maintenance to your home
- Set aside some money each year to pay for larger repairs
- Management and maintenance of the area
- Repay any money we have borrowed to build or improve your home – such as kitchen, bathroom and central heating replacement