Purpose

Decision to vary the rents and
services charges of dwellings held in the Housing Revenue
Account.

Content

RESOLVED

That the Cabinet approves:

a)               
a rent increase of 4.8% (CPI+1%) increase for social and affordable
dwelling rents.

b)               
an increase in shared ownership and hostel rents by 4.8%
(CPI+1%).

c)               
an increase in service charges as detailed in section 6.4 of report

CH/233.

Reasons for the
Recommendations

Approving the proposals set out in 2.2 will
enable the Council to maintain a healthy Housing Revenue Account in
line with its 30-year plan and maximise income from rents and
services provided to its tenants.