With the Christmas period coming up, we are urging our residents to budget carefully to prevent your rent account getting into debt
We know that Christmas can be a busy and expensive time of year and can be particularly worrying for households on a low income. Unsurprisingly, some tenants feel that the holiday season shifts their priorities to presents, parties and family events. With the cost of celebrations adding up, we want to ensure that paying your rent remains a priority.
Missing rent payments in December and January means that you will start the New Year with arrears. This means we may be forced to take rent recovery action to collect the monies due.
We’ve provided some tips on how you can enjoy your Christmas without worrying about your rent:
Before you start buying presents and planning social events, think carefully about how much you can spend.
It’s always a good idea to set yourself an affordable budget and stick to it. Putting a plan in place to prevent rent arrears and prioritising household bills occurring will help to ease some of the financial stress around this period.
Where possible, try to pay an additional amount each week in the build up to Christmas to ensure that your December rent is covered in advance. If you’ve paid rent in advance, it removes the burden of extra financial pressure during the festive season.
If you are worried about being able to pay your rent, your Housing Manager will be available to support you and to discuss a payment plan in advance of the festive period. This may include looking at ways to maximise your income.
SHP is committed to supporting residents to live as financially independent as possible. If you have any questions, please don’t hesitate to contact us on our social media.