Council and Democracy

Issue - decisions

Annual HRA Rent and Service Charge Setting

15/01/2019 - Annual HRA Rent and Service Charge Setting

*RESOLVED –

 

1.   That for 2019/20, approval be given to set individual social rents based on the current National Social Rent Policy, giving a cash rent decrease of 1% with effect from 1 April, 2019.

 

2.   That for 2019/20 onwards, approval be given to increase the rent level for a social rent property to the target rent, where the property is re-let to a new or transferring tenant.

 

3.   That for 2019/20 onwards, approval be given to set individual affordable rents based on the current National Social Rent Policy, giving a cash rent decrease of 1% with effect from 1 April, 2019.

 

4.   That for 2019/20 onwards, approval be given to set the rent level of an affordable rent property that is re-let to a new or transferring tenant, by reference to 80% of the market rent for a similar property prevailing at the time of re-letting.

 

5.   That the revised levels of service charges, as set out in paragraph 8.5 of the officer’s report, be approved.

 

6.   That the Director of Finance and Resources, in consultation with the Assistant Director – Housing, be granted delegated authority to implement any variation of rent during the 2019/20 financial year as necessary to take account of the adjustments referred to in paragraph 3.15 of the officer’s report.

 

REASONS FOR DECISIONS

 

1.   To enable the council to set the level of council house rents in accordance with Government guidelines.

 

2.   To enable the council to set service charges for 2019/20 and to ensure that the cost of delivering services continues to break even.

 

3.   To contribute to the council’s corporate priority ‘To improve the quality of life for local people’.