It sounds odd, but there can be different rents for similar homes on the same estate.
Because we’re a not-for-profit, our homes are discounted compared with the private market. Most new B3Living homes are rented at 80% of the private market price.
But sometimes there are bigger factors that affect how much of a discount we can offer.
This is why we do a check with you before you move in.
We try to make sure you can afford the home you're nominated for. Your neighbour's situation might be very different to yours.
It isn’t personal. We don’t set the rent level based on who is living in the home.
But we get that paying a different rate to your neighbour won't seem fair.
But there are a lot of things behind the scenes which affect how much rent we charge for each home. Often it isn't possible to charge everyone the same amount.
Sometimes we get grant funding.
This means we can afford to charge a lower rent (60%) on some homes within the same estate.
Older homes would’ve had these grants too (usually).
Politics can have a big impact on what the levels of funding we get and the levels of rent we can offer.
One estate can have different rents
Even on the same street, similar homes could have been funded in different ways, so we can’t offer the same level of discount on all our homes.
Because our rents are lower than the private market, it's likely that there will also be people on your estate, or nearby, renting from a private landlord who pay more than you again.
A private landlord would be charging £23m more per year in rents for the same homes as B3Living.
More on rents and money advice
