My Property Box Tyne & Wear has extended its all-inclusive rent deal in response to concerns over rising utility bills.

The Newcastle-based sales and lettings company deals with a significant number of student lets as part of an extensive portfolio covering Tyneside, Wearside, Northumberland, and north Durham.

In response to feedback, the business – which recently rebranded following My Property Box’s acquisition of Jesmond-based Acorn Properties and Groves – introduced the initiative to support students to better plan their finances by combining rent and utility bills into one simple monthly payment. Due to its success, the option is now being extended to all its tenants.

Marie Wilmot, senior branch manager of My Property Box Tyne & Wear, said: “We trialled an all-inclusive payment package for our student tenants in response to the cost-of-living increases, recognising many would be living away from home for the first time. It allows them to combine their payments which makes it easier to budget.

“We are now extending this to all tenants. It’s an increasingly popular option, which also enables our landlords to let their properties more quickly.”