News – 19 March 2024
There are 52 weeks in a normal year, but every five to six years, there are 53 Mondays in a year instead. This next financial year, starting Monday 1 April 2024, is one of those years.
- If you normally pay rent for 48 weeks a year, you will have 49 weeks to pay this year.
- If you normally pay rent for 52 weeks a year, you will have 53 weeks to pay this year.
If you’ve got a question about your rent, it might be included in our frequently asked questions below, or feel free to get in touch.
The 53 week year – frequently asked questions
How do I know what my weekly rent is?
We wrote to you recently explaining your new rent and service charges for the next financial year, starting 1 April 2024. If you haven’t received this, or you’re unsure about anything, please contact us.
What happens if I pay by monthly Direct Debit?
If you pay by Direct Debit, you don’t need to do anything. We will make this calculation for you and adjust your payments automatically.
What happens if I pay by monthly standing order?
If you pay by standing order, you’ll need to adjust the monthly payments yourself.
To calculate how much rent you should be paying each month, you’ll need to multiply your weekly rent amount by 53 and then divide it by 12.
For example, if your rent is £80 per week, you would need to calculate:
£80 x 53 ÷ 12 = £353.33
Once you’ve worked out your monthly payments, please contact your bank to update your standing order.
I pay monthly. My rent has gone down, but my payments have gone up. Why?
You’ll have noticed a slight increase in the amount you pay because there are 53 rent charging weeks in 2024/25 instead of the usual 52.
What if I pay weekly?
There’s no change. You’ll pay your new weekly rent in advance every Monday from 1 April.
What if I claim Housing Benefit?
If you’re in receipt of Housing Benefit, you don’t need to do anything, as this will be covered.
What if I claim Universal Credit (UC)?
If you receive UC, please note this is currently calculated on a 52-week basis (not a 53-week basis). DWP will not pay for the 53rd week.
Unless the rules change before 1 April 2024, the only way to avoid falling into arrears is to pay a little extra each week to ensure your rent is covered.
If you’d like any support with welfare benefits, our dedicated Welfare Benefits team can give you expert advice and guidance. Please contact us on 0300 123 5544 or email benefits@guhg.co.uk