It’s a 53-week year. Paying your rent from April 2024.
Every five to six years, the calendar aligns in a way that creates 53 Mondays instead of the usual 52. The upcoming 2024/2025 financial year is one of those years.
If you pay weekly, your rent is charged on Mondays, this means you’ll pay rent for 53 weeks instead of 52. The extra Monday also affects Universal Credit payments.
Here’s how the extra week impacts you:
If you pay weekly
If you pay your rent weekly there will be no change, you will pay your new weekly rent from 1 April in advance every Monday.
If you pay monthly (but not by Direct Debit)
For those who pay their rent monthly (not by Direct Debit) you will need to calculate the payments you make to us differently this year.
This year you will need to pay 53 weeks rent. For example, if your rent is £200 per week:
If you pay by Direct Debit
On Direct Debit or recurring card payments? Don’t worry – we’ll automatically adjust for 53 weeks.
If you receive Universal Credit
With Universal Credit, the Department for Work and Pensions will only pay for 52 weeks. You’ll need to budget for that extra week yourself. For example £200 weekly rent:
If you receive Housing Benefit
Your local authority will recalculate your Housing Benefit and notify you of any changes
Other payments
For other payments, please use our formula to calculate your new monthly amount and update your payments accordingly.
If you need to speak to us about your rent payment, please get in touch with us so that we can help.
Additional support
If you are at all worried about paying for things like rent, food or heating your home, please get in touch. There are lots of ways we can help, through our settle colleagues, things like the settle comfort fund, or working with partners like Pocket Power, who can help reduce household bills.
You can find more information about the support that we might be able to provide on our web page support from settle or please call us on 0330 313 0016 and we will always do all we can to help.
