Renting Above the Benchmark Sample Clauses

Renting Above the Benchmark. Service personnel can rent a property that costs more than the benchmark, but the Rental Payment will not ordinarily be adjusted. This means that if a Service person rents a property costing more than the benchmark cost, they will have a larger personal contribution. Service personnel choosing to rent significantly above the benchmark should be aware that the costs MOD will pay on their behalf if they have to move for Service reasons are capped at a maximum of 150% of the benchmark rent. For example, if the benchmark rent is £1,000 per month, the MOD will only cover costs up to £1,500 per month. This limit is in place to protect the MOD from high costs if the Service person chooses to rent a property significantly larger than their entitlement for personal reasons.
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Related to Renting Above the Benchmark

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