Keeping on top of your finances

We understand that it can sometimes be a challenge to manage your money and make sure you pay all your bills on time.

Drawing up a budget for you and your family is a good way of making sure that everything goes smoothly.

This budget calculator can help you plan your finances and avoid getting into debt.

Struggling to budget? We can help

If you're concerned that you may be struggling to pay your bills or getting into debt, it is very important that you ask for help as soon as possible.

The good news is that there is plenty of help available. As well as RBH there is Rochdale Council’s Advice Service and the Citizens Advice Bureau.

There are always options if you act positively and get in touch with the people who are there to help you.

Find out about the debt advice that is available from Rochdale Council.

This section of our website has information on practical ways that we can help you boost your income and manage your finances. If you need more advice, please don't hesitate to get in touch with us - we're here to help!

Keeping the bills down

Cheaper Gas and Electricity

We will do everything we can to help our customers live in homes that are properly heated without the worry of getting into debt to pay for this.

Fuel bills are a major expense for most households but we can offer you advice to help you keep your bills down.

Switching Tariff

Many people can save money simply by changing the tariffs they are on. Checking if you can save money this way is a very quick process and we can help you.

For more information contact us on freephone 0800 027 7769 or email ros.martin@rbh.org.uk.

Other ways to cut your bills

Here are some ways that all of us can try to save money on our gas and electricity charges.

  • Adjust your thermostat. Just by reducing your room temperature by one degree you could save ten per cent off your heating bill.
  • Remember to turn the lights off when you leave the room.
  • Close curtains to stop heat escaping and tuck them behind the radiator to make sure the heat is in the room not up the window.
  • Only boil as much water as you need, but remember to cover the element in the kettle.
  • Use energy saving light bulbs. They last around ten times longer than ordinary bulbs and can save you £40 over the lifetime of the bulb.
  • Don’t leave things on standby and avoid leaving electrical items charging unnecessarily
  • Defrost freezers regularly and don’t leave the fridge door open longer than necessary.
  • If you manage your energy account online, you can check your energy usage based on your meter readings. Most suppliers offer devices to help monitor your energy usage.
  • Most energy suppliers have energy efficiency products to buy on line.
  • When shopping for electrical goods always look for the energy saving recommended logo. It’s your guarantee that these products have the strict criteria on energy efficiency. They’ll cost less to run and help you to reduce your carbon emissions.
  • Energy saving electrical goods such as: low energy lighting, energy saving kettles, and clever devices that ensure your TV’s/ PC’s and all peripherals are automatically switched off.

Find out more about saving money on your gas and electricity.

RBH Home Contents Insurance

As your home does not come with automatic contents insurance we strongly advise you to take out cover for peace of mind. RBH insurance cover is provided by Aviva and is only available to RBH tenants.  You can view the documents here: RBH Home Contents Insurance.pdf [pdf] 329KB

If you have home contents insurance with RBH, any chargeable repair will be fixed whilst you are waiting for your insurance claim to be settled.

If you do not have home contents insurance and you ask for a repair to be carried out due to accidental damage, RBH will request payment for the repair in advance.   

NB If the insurance company refuses a claim and a repair has been completed, you will be asked to pay for the work.

There are many companies who provide household insurance but we believe that our scheme offers excellent value for money.

RBH Home Contents Insurance protects against:

  • Fire
  • Theft
  • Vandalism
  • Water damage (burst pipes)
  • Storm/Flood

What is covered?

Items that are covered include:

  • Clothing
  • Electricals
  • Furniture
  • Carpets
  • Pedal Cycles
  • Keys
  • Freezer Contents
  • Public Liability

Optional extra cover can be provided for:

  • Personal belongings away from the home (mobile phone, tablet, handbag etc.)
  • Hearing Aids
  • Wheelchairs/Mobility Scooters

Key exclusions

The policy does not cover maintenance, wear and tear, anything which happens gradually, electrical, mechanical or electronic breakdown, rot, radioactive contamination, sonic bangs, pollution or contamination, date change or computer virus, war risks and terrorism.

If you leave your home unoccupied for more than 30 days in a row, lend your home or receive paying guests into your home or use your home or its contents for trade, professional or business purposes some covers will be restricted or will not apply. You should read your policy carefully and make sure it meets your needs.

'New-for-Old' insurance

The policy insures your contents on a 'new-for-old' basis, meaning they would be replaced as new if destroyed by an event insured by the policy.

You should add up the value of:

  • Items at their current replacement cost as new, other than clothing and household linen and carpets over five years old
  • Clothing, household linen and carpets over five years old at their current replacement cost as new, less an allowance for wear and tear.
  • It is important that you do not undervalue your contents otherwise the insurer will not pay the full value of your claim.

DIY valuation

Most people find that their household contents are worth more than they think.

Please read the section on ‘New-for-Old’ insurance and then use our DIY valuation form to help value the contents of your home: DIYvaluationform.doc [doc] 41KB

Cost of insurance

Our insurance starts from as little as 43 pence a week for over 60’s and £1.38 per week for everybody else.

Download the insurance price list here- (Link)

The lowest amount that can be insured is:

  • £5000 for people over 60
  • £8000 for all other people

RBH Insurance covers your contents for a maximum of £40, 0000.

It is easy to pay for your insurance with us we can add it on to your weekly rent.

How to apply

Request and complete an application form by calling 0800 027 7769.

Keeping up the payments

  • To make sure you are always covered, you must keep to your payments up to date.
  • Failure to keep you payments up to date could affect claim settlement and may lead to the cancellation of your insurance.
  • For payment enquires please contact us on free phone 0800 027 7769.

For any more information please see our advice leaflet and application form (Link)