Weekly rent is charged every Monday, a rent account will be in arrears if a payment has not been received within the week in which it falls due.
Rent should be paid in advance of the payment cycle that you choose, however we appreciate that this may seem like a big step if you have not paid in this way before.
We are here to work with you to help find out the best payment solution for you and your individual financial circumstances.
All tenants agree to payments in advance when signing our tenancy agreement.
Paying in advance has many benefits:
· If you move on to Universal Credit you will have to wait 5 weeks for your housing costs to be paid therefore if you are in advance this will assist you in managing your rent account to stay up to date.
· If you decide to leave your property you need to give 4 weeks’ notice to terminate your tenancy and you remain liable for rent during this period, if you are in advance you can use this credit up and save payments during an expensive time – also leave your tenancy with peace of mind that you don’t owe us any money. (Remember that you might not be able to apply for other social housing if you leave your GCH tenancy in debt.)
· If you have an unexpected bill and you are in advance it could give you breathing space knowing your rent is paid.
Utility bills are as important as paying your rent. Without them you cannot heat your home, prepare and cook meals or drink a glass of water, all of which you cannot do without a roof over your head.
Gas and electricity prices are rising and it can be increasingly difficult to manage the cost of this.
Here are some handy tips to help you keep costs down:
- Keeping your property at a comfortable constant temperature requires less energy than putting the heating on periodically. If you have a thermostat, try setting it between 18 -20° and turning it up when you need it.
- Switching plug sockets off at the wall not only reduces risk but cost as well. Cut off the supply and avoid leaving things on standby.
- Thick curtains will help reduce the loss of heat through windows and doors.
- Ventilation is key to preventing damp which can ultimately make a property much colder. Make sure trickle vents are open at all times.
- Dry wet washing in a well-ventilated area and avoid drying it on radiators
- Microwave ovens, cookers, radios- so many household items have clocks on them which require energy to run. Switch them off at the wall and save yourself ££’s each year.
- Get organised and make a note of when your current tariff runs out. Lots of providers offer discounts for new customers, but also staying loyal. Give your supplier a ring and find out what they can offer.
- Switching your supplier each year can save ££’s – the process is easy to complete and all you need to do is provide a meter reading to each provider.
- Smart meters can be a great way to see how much you are spending and in real time too – they are provided for free, just contact your current energy supplier to arrange installation.
Back to school – get back to work!
It’s that time of year again, the summer nights are starting to get shorter, autumn is on its way and the kids are due back at school for another year.
Getting them organised and back into school can be stressful, but it’s also a great time of year to have a look at getting back into work. Our benefit and budgeting calculator has a fantastic ‘better-off’ tool and can show you just how much going to work would pay off.
Visit www.gch.co.uk/budget, complete the calculator with your current circumstances and when you view your results, open the ‘change your earnings’ section below where you can slide the wages and hours up and down. Universal Credit is a working age benefit which lots of households don’t know they can claim and in some instances be much better off!
See how much you could earn and receive in benefits online or give the Tenancy Sustainment Team a ring and we will be happy to help you complete this.
Are you struggling to make ends meet?
Please contact us straight away if you have money problems. Once we know that there is an issue we can often help by checking that you are receiving all of the correct benefits, working out the best way of paying your rent and putting you in contact with our partners who are able to provide a range of help.
Rent is important, as the rent payments we receive fund the vital services we deliver to our customers, including repairs, home improvements and support for your communities. This is why it’s so important that your rent is paid regularly and on time and that it is the first payment you make when budgeting your money and paying your bills.