To create a target rent bedroom weighting

The procedure to create a target rent bedroom weighting is as follows:

1. Navigate to Quick Menu > Rents > Configuration > Target Rent. The Target Rent window is displayed.
2. Click on Bedrooms. The Bedrooms tab is activated.
3. Click on New Bedroom Weighting.  The Bedroom Weighting window is displayed.
4. Enter the Number of Bedrooms into the field provided.
5. Enter the Weighting decimal value applied to the number of bedrooms into the field provided.
6. Choose an Effective from date for this bedroom weighting i.e. the date on which it came into effect 1.
7. Choose an Effective to date if the bedroom weighting is to be reviewed on a specific date or to capture a change of circumstances; a blank field means the bedroom weighting will be continually valid.
8. Click on Confirm. The new record is displayed in the Bedroom Weighting summary table 2.
9. Click on Save 3.

Note

1 The Effective from date defaults to the current system date and cannot be left blank.

2 Only one weighting can be effective for the same number of bedrooms at any one time; where dates overlap the end user will need to revise the entries accordingly.

3 To amend the details of an existing bedroom weighting, double-click on the desired row in the Bedroom Weighting summary table and repeat steps 4 through 9.

See related topics...

Rents setting maintenance overview

To define a bedroom weighted rent cap level

To create a national average target rent