Westminster Council tenants will by paying an extra £1.79 million in rent next year as a result of the Conservatives’ decision to increase rents by 2.19% (£2.68) per week which will increase average rents from £122.27 per week to £124.95 per week. The current level of inflation is 1.6%.
Labour Councillors said this rent increase would hit many low-paid local residents whose wages are still below what they were earning in 2008.
Councillor Vincenzo Rampulla, Labour Church Street ward Councillor, said:
“This increase will hurt young people, young Westminster families, Westminster residents in low-paid work and part-time employment. These groups are yet to see any real wage increases or the effects of an economic recovery. In fact their average wages have still not recovered to pre-2008 levels yet. Westminster Council should be supporting these residents by using Housing Revenue Account funds to pay for a rent freeze, not institute an across the board rent increase. If Westminster was a Living Wage champion then council tenants working locally would be better able to deal with the cost of living crisis and could afford a rent rise.”