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The Common Contribution at ChaCo

Whether you’re renting or in the shared ownership scheme, every adult member of ChaCo will need to contribute to the cost and maintenance of all the shared facilities, including things like the common house, the garden and maintenance of the communal areas. The charge is related to household size, income and wealth, with the least well-off paying the smallest amount. Our aim is to spread the costs fairly and to minimise the chances of putting ChaCo beyond the financial reach of anyone who wants to live there.

Use the calculator below to see the total common-house charge for your household. (These figures may change in future, but we will attempt to keep this calculator up to date.)

Note: This calculator is purely for your own information. None of the data you enter here will be collected by ChaCo.

1. How many will be living in your household?

EQ factor: 0.67

2. Please select your household wealth band

Total household assets (savings, shares, valuables, investments, property minus debts/mortgage). This would not include pension pot funds.

Wealth band: –

3. How do you want to specify your household income?

4. Please select your household income band

Total household income after tax, national insurance and deductions. This would include all benefits apart from those designed to pay for additional costs (Personal Independence Payment, Disability Living Allowance, Attendance Allowance, Adoption Allowance, etc)

Income band: –

Your household's total common-house contribution will be £ per month