How to use the workbook:

Affordable Rent

The Affordable Rent tab should only be completed where the development includes Affordable Rented properties.

Complete the following Fields:

• Unit Type – Select each property type from the drop down list. All property types are in the format 2b3ph being 2 bed 3 person house
• Number of units
• Floor area
• Open market value of completion
• Weekly market rent per unit
• Percentage of market rent – this calculates the affordable rent as a percentage of the market rent with a maximum percentage of 80%.