Public sector rents to rise by 2.1%
Public sector rents in the Isle of Man are set to rise by 2.1% from April next year.
The revised charges have been announced by the Department of Infrastructure following consultation with the Island’s 16 local housing authorities.
The rise equates to average weekly increases of between £1.22 and £2.06, depending upon the size of the property.
Tenants who have their rental costs met by the Government as part of their income-assessed Social Security benefits will not be affected by the change.