Rent Letters Explained
This week all tenants will receive a letter detailing their gross rent due for the coming Financial Year 2019/2020 which covers period 1 April 2019 to 5 April 2020. As rents are debited on a Monday this means there are 53 rent debit weeks due.
Full Rent Payers
Weekly payers – please continue to pay as normal the new amount unless you have any arrangement in place.
Monthly payers – please pay the monthly amount as quoted on your letter. (This is calculated based on the total weekly amount multiplied by 53 rent weeks divided by 12 monthly installments).
Housing Benefit (HB)/Universal Credit (UC) paid direct to Saffron
If your total weekly rent is fully covered by HB/UC and is paid direct to Saffron, you don’t need to do anything unless you have any arrangement in place.
If you are entitled to partial HB/UC and is paid direct to Saffron you will need to deduct that entitlement from the total weekly amount to calculate the weekly amount you need to pay.