Public sector rents on the Isle of Man will rise by 5%, with effect from Monday 7 April 2025. 

The decision to increase the rental levy has been reached by the Department of Infrastructure (DoI) following consultation with the Island’s 15 local housing authorities. 

Housing providers, including the DoI, face the challenge of providing affordable properties for rent while accommodating the high cost of services, including planned and capital maintenance. 

Infrastructure Minister Dr Michelle Haywood MHK said: ‘The importance of maintaining and developing the Island’s stock of more than 6,200 public sector properties has been a key factor in considering this year’s rise, while balancing concerns around affordability for tenants. I’d like to thank the local authorities for their input on this issue and look forward to further positive engagement on housing matters over the coming year.’ 

Included in this year’s review is an increase of the total rental income providers are able to use for both maintenance (rising from 30% to 32.5%) and administration (6% to 7%). 

Tenants who have their rent met by the Isle of Man Government as part of their income-assessed Social Security benefits will automatically have their benefits reassessed to take account of the new rental costs. 

Help is available for tenants who find themselves struggling to meet their financial obligations. In the first instance, they should contact their housing provider who may be able to assist them with a repayment plan. Housing customers could also consider contacting the Social Security Division within the Treasury, where staff can provide advice regarding any financial assistance for which they may be eligible.

Added 8 January 2025