Housing Revenue Account Rent and Service Charge Inflationary Uplift and HRA Budget
December 10, 2024 Cabinet (Cabinet collective) Key decision Approved View on council websiteFull council record
Purpose
To consider and approve the rent setting
policy for 2025-26 in relation to Housing Revenue Account
Properties.
Content
RESOLVED –
1)
That approval be given to the uplift of the proposed rents by an
average of £2.30 per week (2.7%) and service charges payable
by between 0.01p and £0.48 per week (2.7%) for social housing
from 1st April 2025.
2)
That approval be given to introduce a service charge for communal
grounds maintenance services capped at £1.00 per week each
year until full cost recovery is achieved.
3)
That approval be given to the charges for Extra Care Services
– Intensive Housing Management to be uplifted by between
£1.92 and £4.90 (6.7%) and Extra Care Services –
Night Care Service to be uplifted by £1.48 per week
(6.7%).
4)
That the national and local financial challenges outlined as part
of the HRA budget proposals for 2025-26 be noted.
5)
That authority be delegated to the Executive Director of Place in
consultation with the Deputy Leader of the Council (Cabinet Member
for Transport and Housing) to approve the rate for personal charges
for Sheltered Heating and District Heating.
6)
That the updated Capital Plan for 2024-2033, as set out at Appendix
3 of the considered report, be recommended to Council for
approval.
7)
That the draft HRA Budget for 2025/2026, as set out at Appendix 2
of the considered report, be recommended to Council for
approval.
Related Meeting
Cabinet - Tuesday 10th December 2024 1.30 pm on December 10, 2024
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 10 Dec 2024 |
| Subject to call-in | Yes |