Your Rent
Paying the rent is the most important part of
your tenancy with us. The money we collect from rents goes to pay
for the services that we provide for you. So we want to make it as
easy as possible for you to pay your rent and other charges. This
means giving you a wide choice of different ways to pay so you can
choose the best and most convenient one for you.
Your Tenancy Agreement shows your weekly rent, including any
service charges and requires you to pay it on or before the
Monday of each week. You can pay the rent weekly, fortnightly,
or monthly but it must always be 2 weeks in advance.
Calculate your calendar monthly payments
If you want to pay your rent each calendar month then
you can do so. Follow the simply calculation
below to workout the exact payments.
Multiply your weekly rent by 52 (the number of weeks in a year).
This will give you the total amount of rent due for the
financial year April-March. Then divide this sum by 12 to give you
the amount of rent due each calendar month.
(Note: It is important that you follow the above
calculation to pay the correct amount. Do not multiply the
weekly rent by four then divide that by 12 as this will not
give you your correct monthly rate, and your account will fall into
rent arrears, as there are certain months which has 5 weeks).
It's important that your account always stays in
credit.
Your rent pays for programmed maintenance of your property
(replacing windows, kitchens,bathrooms etc as they become worn
out), repairing things when they break and managing the housing and
for the estate services we provide. mhs
homes is an Industrial and Provident Society, which means
we are a not-for-profit organisation, none of your money is given
out to shareholders, which means that it is reinvested in your
homes or the services we provide for customers.