RESIDENTS living in over 2,000 council-owned homes are set to see a four per cent rent rise.

Oldham Council's Cabinet committee members approved the move yesterday.

The recommendation now goes to next week's Full Council meeting and, if approved, will increase the average weekly rent from April 2018 to £3.26 per week, a rise of £81.60 to £84.86.

It affects sheltered housing run by the council and Housing 21 and the Gateways to Oldham scheme which oversees homes in the neighbourhoods of Crossley, Fitton Hill, Westwood and Primrose Bank.

The 2,064 properties affected are managed and maintained within two Private Finance Initiative schemes and are exempt from the Government’s one per cent Social Rent Programme.

The increase follows the historic rent setting guidance of the Consumer Price Index plus one per cent.

A spokesman for Oldham Council said residents who pay their rent to the council will be contacted by letter confirming the rent increase if it is passed at Full Council on February 28.