How We Set Our Garage Rent
We review our garage rent levels each year with our customer-led Board, making sure they remain fair and competitive. When setting rents, we consider:
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Affordability – We aim to keep garage rents reasonable so they are accessible to more people.
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Market Rates – We look at what other providers, including Birmingham City Council, charge for garages.
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Demand – We sometimes set rents below market rates to encourage more people to rent a garage.
VAT on Garage Rent
If you rent a home from us, you don’t have to pay VAT on your garage rent. This is due to VAT rules. You can find more details on the government website.
Annual Rent Review
Each year, our Board reviews garage rents. We take into account:
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What other providers are charging
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The condition of our garages and any future investment needed
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The costs involved in managing them
This ensures our garage rents remain fair and sustainable for our customers.