Welcome to the Water Row Company, established in 2023 as a subsidiary of the Govan Housing Group.
At Water Row, we proudly manage the 92 flats comprising the iconic Water Row development, while also providing comprehensive factoring and property management services to over 700 residential and commercial property owners. Additionally, we lease a range of commercial units to local businesses, offer homes to organizations serving specific client groups, and provide a free, impartial and confidential money and debt advice service to our valued customers.
With roots tracing back nearly five decades as part of the Govan Housing Group, we bring extensive experience to every aspect of our work. As we embark on this new chapter, our commitment to community prosperity remains unwavering. As a social enterprise we reinvest our profits direct into the communities we work with to support social, economic and physical regeneration and improvements.
Jim Stephen House – Student Accommodation – Available from September 2025
Statement on Water Row Rent Update
The Water Row Company have today issued a letter to tenants at the Water Row development confirming the cancellation of the 2025 rent increase.
The decision follows feedback from tenants, elected representatives, and other stakeholders. While the original rent increase was applied in line with regulatory processes, we recognise that we did not communicate changes clearly and did not strike the right balance between financial planning and affordability.
We are now taking the following steps:
- The April 2025 rent increase has been cancelled and tenants will continue to pay the same rent as before.
- A revised rent model will be developed based on what tenants were originally led to expect — a base rent, with amenity charges applied from the second year of tenancy.
- Tenant consultation will begin in the coming weeks, with a view to implementing the revised model from April 2026, subject to broad tenant support.
We are grateful to the tenants who raised their concerns and to the elected members who advocated on their behalf. This is part of a wider effort to restore trust, improve transparency, and ensure Water Row remains a fair and sustainable place to live.
A copy of the tenant letter can be accessed here.
Winter Newsletter
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