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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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