Decision details

Executive recommended to Council:-

1)    In accordance with the Regulator of Social Housing’s new Rent Standard from April 2020, the Dwelling Rent for 2020/21 for existing tenants would be an increase of CPI+1% to the average weekly rent, from £80.87 per week to £83.05 per week;

2)    In accordance with the Regulator of Social Housing’s new Rent Standard from April 2020, the Dwelling Rent for 2020/21 for new tenants only would be an increase of CPI+1% plus an additional 5% for general needs to the average weekly rent, from £80.87 per week to £87.21 per week;

3)    In accordance with the Regulator of Social Housing’s new Rent Standard from April 2020, the Dwelling Rent for 2020/21 for new tenants only would be an increase of CPI+1% plus an additional 10% for sheltered/supported and extra care dwelling rents to the average weekly rent, from £80.87 per week to £91.36 per week;

4)    To increase non-dwelling rent and service charges in line with national policy by CPI+1% for 2020/21, with the exception of garages for private and shared ownerships tenants which would increase from £10.32 (including VAT) to £12.00 (including VAT);

5)    To approve the HRA Annual Revenue Budget for 2020/21; and

6)    To approve the HRA Capital Programme for 2020/21.