Agenda item

(a)  That the rent increase for 2012/13 be set according to the national rent restructuring formula, equivalent to an average increase of 7.64%.  Para 5.1 to 5.10 refer

(b)  That heating, utility and ancillary charges be increased by 5.6%, based on the September RPI figure used in rent setting.  Para 5.13 refers

(c)  That service charges be increased by 6.1%, being the RPI+0.5% uplift used for rent setting.  Para 5.14 refers

(d)  That garage rents be increased by RPI (5.6%).  Para 5.12 refers

(e)  That ‘other committee’ property rents be increased by 7.64% in line with the average increase of all housing properties. Para 5.11 refers

The Cabinet considered a report setting out the proposed 2012/13 annual rent in service charge rise to tenants which had been calculated in accordance with the Government’s Housing subsidy determination released to local authorities on 1^st February 2012.  The report also detailed the proposals for other rents and ancillary charges used for specific elements of the Council’s housing stock. 

Resolved –

(a)  That the rent increase for 2012/13 be set according to the national rent restructuring formula, equivalent to an average increase of 7.64%.  Para 5.1 to 5.10 refer.

(b)  That heating, utility and ancillary charges be increased by 5.6%, based on the September RPI figure used in rent setting.  Para 5.13 refers.

(c)  That service charges be increased by 6.1%, being the RPI+0.5% uplift used for rent setting.  Para 5.14 refers.

(d)  That garage rents be increased by RPI (5.6%).  Para 5.12 refers.

(e)  That ‘other committee’ property rents be increased by 7.64% in line with the average increase of all housing properties. Para 5.11 refers.