Decision details

The initial approval to introduce the fee charge was made by Cabinet on 27/6/23.

Cabinet approved the introduction of the following fee:

As part of the decision it states:

“That approval be given to the fee charging proposals as set out at Appendix 2 of the report.”

Appendix 2 para 19 states “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.

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 down 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: