hello folks, I have tried to understand how to calculate the RPI percentage from 1978 to 2010 for the purpose of calculating our rent. We were established rent act tenants in 2010 and the rent officer set the new rent which was last registered in 1978 (£1095 per annum) to £299 per month. This is many a couple of hundred percent plus on the pervious figure of 1978.
Can anyone please tell me is this figure correct using the RPI calculations ???? or close to being correct?
We have been informed by the rent office that even if this figure is incorrect which was set by their office there is nothing we can do to change it now. Is that also correct?
Thank you.
Can anyone please tell me is this figure correct using the RPI calculations ???? or close to being correct?
We have been informed by the rent office that even if this figure is incorrect which was set by their office there is nothing we can do to change it now. Is that also correct?
Thank you.