How Is My Rent Set?
For Shared Ownership properties, your Lease will state the initial rent and when and how this is increased. Rents are increased annually. If you buy extra shares in your home, the amount of rent you pay will go down. If you buy your home outright, you will cease to pay rent to us.
We collect payment by Direct Debit on the 1st of every month. We can accept debit card payment over the telephone – please call your Property Officer. You can pay by cheque, payable to ‘Midland Heart Ltd’ and send the payment to us.
Please note, we are unable to accept cash and you should never send cash through the post. You can also pay using the Allpay method of payment. If you have any queries, please contact your Property Officer.