At the meeting of Onchan District Commissioners held on Monday 16th September 2019, the Chairman, confirmed that over the last 4 – 5 years Onchan District Commissioners have set out a policy that there is a zero percent increase in rents. However, this year the Board’s recommendation to the Department of Infrastructure is that they would reluctantly agree a 2% increase which is considered justified for the following reasons:-
·      Extensive exterior refurbishments to social housing and hope to make further improvements to their property portfolio going forward and
·      Due to the projected increase in the cost of this work.
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If the proposed increase is accepted by the Department of Infrastructure, this will result in an increase in rent of between £1.00 and £2.50 per week.
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Presented by:Â Â Â Â Â Â Â Â Commissioner Mr R. Turton
                CHAIRMAN to Onchan District Commissioners.
Issued:Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 30th SEPTEMBER 2019
Published by: Â Â Â Â Â Â Â Â Onchan District Commissioners