Housing Finance

How we work out your rent

In April 2002 the Government brought in a new way of working out rents for Council Homes. All Councils now have a formula for calculating rent. The aim of this formula is that rents should be fairer, reflecting more closely the size, condition and location of a property. This is known as the target rent.

To work towards target rents we will adjust your rent each year. The aim is that by 2012, all tenants will be paying targets rents.

Paying your Rent 

The rent you pay is used to fund the Housing Services we provide, such as repairs improvements and Housing Management.

To enable us to achieve these objectives we need to collect the rent due to us and it is therefore important that all our tenants pay their rent regularly. Rent arrears put upward pressure on rents and limit our ability to provide the services our customers want.

We provide several ways to pay your rent, which enables you to choose the method which suits you best. However, our preferred payment method is by Standing Order.

How to Pay

Standing Order: Payable through your Bank Account

Rent Book:  Payment at Reception at Town Hall

By Post:  Payments should be sent to the Treasurer, Council of the Isles of Scilly, Town Hall, St Mary's Isles of Scilly. TR21 0LW. Receipts are not normally issued for payments unless specifically requested. Cheques and Postal Orders should be made payable to the Council of the Isles of Scilly and crossed. Please write your name and address on the back of your cheque.