Rent and Charges

Residents will pay a weekly rent, service charge and wellbeing charge. Depending on an individual’s circumstances, residents may have all of their rent and most of their service charge paid through Housing Benefit.

There will be a small ineligible service charge currently estimated at £6 per week that may not be covered by Housing Benefit. The ineligible service charge will cover things such as careline costs, a communal TV licence and WiFi in communal areas and administrative costs.

Residents can have the wellbeing charge funded as part of their care costs.

Current estimates for these costs are:

  • Eligible service charge - £60 per week
  • Ineligible service charge - £6 per week
  • Rent - £130 per week
  • Wellbeing charge - £50 per person/per week - please refer to the wellbeing service page for more details on our Wellbeing Service

These estimated costs will be clearly defined and updated one month before residents move into the properties.

Residents will be provided with a detailed breakdown of costs annually. If you would like more information please contact the Ryde Village team.

Shared Ownership charges at Kleo Friend Apartments

Residents living in shared ownership homes at Kleo Friend Apartments will be required to pay the service charge and a charge for the Wellbeing Service.