Home Owners' Support Fund: average apartment rent guidance
- Part of
Guidance on average rental charges used to calculate grants as part of the Home Owners' Support Fund (HOSF) for 2017 and 2018.
- Apartment definition
- Estimating average rental charges
- Table of average apartment rents for local authority areas
The average apartment rental charges set out in this note apply to applications which are made to the Home Owner's Support Fund from 1 April 2017 to 31 March 2018 (inclusive) for the HOSF Mortgage to Rent scheme.
2. Apartment definition
The apartment size of a property is based on the count of the number of bedrooms and living/dining rooms. Kitchens, bathrooms, toilets and utility rooms are not counted (e.g. a 1-apt is a studio flat, a 2-apt is one-bedroom dwelling with a living room, and a 3-apt is two-bedroom dwelling with a living room etc.) as set out in the Scottish Housing Regulator (SHR) charter guidance.
3. Use of average rental charges to determine HOSF subsidies
The average rent for the particular apartment size in question in the relevant local authority area is used to calculate the assumed private finance. Full details of the grant calculation for social landlords and worked examples can be found in the Home Owners' Support Fund: Mortgage to Rent scheme guidance.
4. Estimated average apartment rents for all social landlords in 2016 to 2017
|Local authority area||Apartment size|
|Argyll & Bute||£58.40||£64.91||£73.79||£80.50||£88.96|
|Dumfries & Galloway||£58.22||£66.43||£73.51||£78.67||£84.66|
|Edinburgh, City of||£67.06||£77.97||£92.64||£104.42||£113.01|
|Perth & Kinross||£61.43||£65.94||£70.42||£77.10||£87.70|
- File type
- 2 page PDF
- File size
- 122.2 kB
Telephone: 0300 244 1093
The Programme Manager
Home Owners Support Fund
5 Atlantic Quay
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