44% of rents still below target

 

Northampton BC will take over 6 years to get all its stock up to target rent?

 

It would seem that Northampton is reliant on stock becoming void and then bringing that up to target rent on re-let

 

With 5,250 currently below the target and about 800 becoming void each year, the maths show over 6 years, BUT of course some of those becoming void will currently be at target extending that time.

Northampton Borough Council after its increases to tenants rents later this year (April) of 2.2% will still have 44% of the 11,929 properties it owns at below the target rent

target rents

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