Question reference: S6W-03711
- Asked by: Mark Griffin, MSP for Central Scotland, Scottish Labour
- Date lodged: 13 October 2021 Registered interest
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Current status: Answered by Shona Robison on 5 November 2021
Question
To ask the Scottish Government what information it has on the (a) number of units to which the rent applied and (b) average forecast yield above the benchmark for each registered social landlord that has applied to raise rents by over (i) 5% and (ii) 10% in each of the last five years.
Answer
Rents for social rented homes should not be set without regard to the importance of affordability for tenants. The Scottish Government therefore considers the proposed rents for Registered Social Landlord social rented homes at the point of first let as part of the Affordable Housing Supply Programme grant assessment process.
Applications from Registered Social Landlords for grant funding to deliver projects through the Affordable Housing Supply Programme at tender stage contain information on any projected rent levels at the date of completion which are more than 5% above the relevant social rent benchmark published by the Scottish Government.
Information on the number of units which were approved at tender stage which contained Registered Social Landlord projected rent levels at the point of completion which exceeded the relevant social rent benchmark by more than 5% began to be collected in 2018-19.
The following table shows the number of units approved at tender stage – by Registered Social Landlord – where the projected rent levels at the date of completion were more than 5% and up to 10% above, and more than 10% above, the relevant social rent benchmark. The table also shows – by Registered Social Landlord – the average forecast yield above benchmark (calculated as the weighted average of the rent as a percentage above benchmark) where the projected rent levels at the date of completion were more than 5% and up to 10% above, and more than 10% above, the relevant social rent benchmark.
Projected rent levels more than 5% and up to 10% above benchmark | Projected rent levels more than 10% above benchmark
| |||
Number of units approved at tender stage | Average forecast yield above benchmark | Number of units approved at tender stage | Average forecast yield above benchmark | |
2018-19 | ||||
Angus Housing Association | 5 | 7.52% | - | - |
Cassiltoun Housing Association | - | - | 20 | 11.01% |
Castle Rock Edinvar Housing Association | 10 | 7.00% | 27 | 12.80% |
Cunninghame Housing Association | 59 | 6.98% | - | - |
Dunedin Canmore Housing Association | 28 | 5.34% | 48 | 14.31% |
East Lothian Housing Association | 14 | 9.00% | 8 | 10.53% |
Eildon Housing Association | 4 | 7.25% | 2 | 10.33% |
Elderpark Housing Association | 16 | 7.16% | - | - |
Fyne Homes | - | - | 12 | 15.42% |
Glasgow West Housing Association | 29 | 9.73% | 32 | 14.06% |
Hillcrest Housing Association | 2 | 8.59% | - | - |
Home Group | 8 | 7.24% | - | - |
Kingdom Housing Association | 10 | 6.05% | - | - |
Waverley Housing | 1 | 5.82% | - | - |
West Highland Housing Association | 2 | 6.25% | - | - |
West Lothian Housing Partnership | 44 | 9.36% | - | - |
West of Scotland Housing Association | 15 | 5.71% | - | - |
2019-20 | ||||
Albyn Housing Association | 1 | 5.77% | 10 | 15.42% |
Almond Housing Association | 5 | 9.06% | 1 | 13.21% |
Castle Rock Edinvar Housing Association | 8 | 5.64% | 15 | 12.71% |
Cunninghame Housing Association | 36 | 8.52% | - | - |
Dunedin Canmore Housing Association | 26 | 9.25% | 23 | 16.44% |
East Lothian Housing Association | - | - | 2 | 12.76% |
Eildon Housing Association | 9 | 5.72% | - | - |
Fyne Homes | 2 | 8.85% | 4 | 10.22% |
Hillcrest Housing Association | 14 | 6.02% | 11 | 13.36% |
Home Group | 2 | 6.12% | 22 | 16.20% |
Kingdom Housing Association | 1 | 5.31% | - | - |
Partick Housing Association | 15 | 8.72% | - | - |
Port of Leith Housing Association | 1 | 9.16% | 41 | 16.00% |
West Highland Housing Association | 2 | 6.54% | - | - |
2020-21 | ||||
Bield Housing Association | - | - | 30 | 16.27% |
Castle Rock Edinvar Housing Association | 4 | 7.72% | 16 | 15.85% |
Clyde Valley Housing Association | 17 | 7.69% | - | - |
Cunninghame Housing Association | 56 | 8.18% | - | - |
Dumfries & Galloway Housing Partnership | 1 | 9.30% | 1 | 17.38% |
Dunedin Canmore Housing Association | 21 | 6.81% | 101 | 14.79% |
Grampian Housing Association | 63 | 6.83% | 14 | 13.89% |
Hillcrest Housing Association | 1 | 5.54% | 185 | 18.94% |
Home Group | - | - | 69 | 19.54% |
Kingdom Housing Association | 2 | 6.65% | - | - |
Loreburn Housing Association | 13 | 6.67% | 2 | 12.45% |
West Lothian Housing Partnership | 4 | 6.45% | - | - |