Members of HQN’s Housing Finance Network have responded to a survey on the government’s coming rent increase.

Asked what they believe the increase will be, the overwhelming number of members said 7.7%.

The government is yet to reveal the rent increase for 2024. It was thought it may have been announced as part of this week’s autumn statement but it was left out.

Please see the graph for a full breakdown of members’ responses.

We’d like to thank the members that participated in this exercise, which outlines a range of potential stress tests.