Decision details
Annual Review of Affordable Home Ownership Fee Charge
Decision Maker: Service Director - Development
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Purpose:
The initial approval to introduce the fee charge was made by Cabinet on 27/6/23. As part of the decision, it was agreed
that approval be given to the fee charging proposals as set out in the Cabinet report.” The report stated that “Fees and charges must be reviewed at least once per annum. Service Directors have authority to implement new charges and amend existing fees and charges to achieve budget targets, to account for changes in legislation and market conditions, in consultation with the appropriate Strategic Director, relevant Portfolio Holder and Chief Finance Officer.
Following this a yearly review, in June 2024, of the fee was updated by Delegated Decision Notice on 27/6/24 :
Decision:
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As part of the yearly review we have made an increase to the fee to reflect the increase in hourly payscale rates for the relevant administration hours for both Housing Growth and Legal staff involved. We have had assistance from officers in Finance to prepare the cost schedule and calculate the amended “Uplift fee” figures to reflect the increased staff costs. As part of this we have also proposed rounding the figures to the nearest whole number “New Proposed Fee” to make it easier in the request to the developer/seller/buyer and when transferring money between Legal and Housing Growth to avoid accounting errors.
The fee will be increased as follows:
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Publication date: 30/06/2025
Date of decision: 27/06/2025
Accompanying Documents:
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