To consider the annual setting of rent and service charge increases for 2022-23.
Wards affected: all wards
Contact: Jacqui Fieldhouse – Head of Finance, Homes and Neighbourhoods
Decision:
1) That approval be given to increase rents by an average of £2.91 per week (4.1%) and service charges payable between 0.02p and 0.84p per week (4.1%) for social housing from 4 April 2022.
2) That approval be given to increase charges for Extra Care Services – Intensive Housing Management by between 0.98p and £2.50 (4.1% - CPI + 1%) and Extra Care Services – Night care Service by £1.19 per week (6.6%).
3) That the national and local financial challenges for the Housing Revenue Account budget discussions in January 2022 be noted.