Average weekly rents will increase by 5% in 2023/24

The Scottish Housing Regulator has today published details of the rent increases which Scottish social landlords will apply in 2023/24 for social housing tenants.

The report is based on returns from 136 RSLs and the 29 local authorities that have housing stock and found that the average increases in weekly rent that social landlords will charge in 2023/24 is 5.07%, with the average for local authorities at 3.80% and for RSLs at 5.34%.

The report notes that average increases range from 0.00% to 8.00% for all social landlords with a median of 5.00%.

The Scottish Government introduced a moratorium on increases in rents for homes provided by social landlords and private landlords running from September 2022 until at least the end of March 2023. Earlier this year, the Scottish Government expired the emergency provisions on rent caps for social landlords following agreements with the Scottish Federation of Housing Associations and CoSLA on how social landlords would proceed with rent increases for 2023/24.

The Regulator’s report on Rent increases by Scottish social landlords 2023/24 is available on its website www.housingregulator.gov.scot