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Residential
No increase in rent charged after signing the Agreement for Lease (AFL) for a booked flat
To encourage tenants in their home ownership journey, there will be no increase in rent once they have signed the AFL for a booked flat even if their income increases thereafter. Tenants will continue to pay the same rent that they were charged when they signed the AFL, until their flat is ready. This will apply to tenancies commencing from 1 June 2019.