Residents pay a monthly rent and service charge, each of which are reviewed annually. Some of these charges are currently eligible for Housing Benefit.
The rent covers the accommodation, housing management and building maintenance costs. The service charge covers heating and all communal facilities expense charges as well as a proportion of the lunchtime meal cost.
Shared Ownership purchasers pay a service charge to cover housing maintenance and housing management related costs.
For both residents and purchasers, there may be a charge for the provision of care based on SMBC’s charging policy. Otherwise, any care needed can be purchased through a private arrangement. The exact amount each resident pays depends on their particular circumstances.
Assistance is provided by SCHA to help residents work out the cost to them individually; and to claim any benefits or subsidies to which they may be entitled.