Decision details

The Chair reported that the normal model for increases had been CPI+1% (Consumer Price Index).  After extensive consultation across London, the proposal was to follow Government policy.  This approach had been taken across London Boroughs.

Officers noted that there were two elements.  The rents had been increased by 7% and service charges had also been increased.  However this rate was below the level of inflation and would therefore have an impact on the Housing Revenue Account as costs, such as repairs, had risen at a faster rate.

In the special case of Grahame Park it was noted that the service charges, whilst being increased significantly as this covered a two year period, were still being kept at a subsidised rate. The Council would keep this under review and monitor the use of the hardship fund.

One of the Members asked whether it would be possible to get a break down on rent reviews from the registered social landlords.

RESOLVED unanimously that the Housing and Growth Committee noted and agreed for recommendation to the Policy and Resources Committee, and to be noted by Full Council:

1.      The proposed rent increase in line with government policy for

existing council tenants, as set out in paragraph 1.9 for social rent dwellings and 1.11 for Affordable Rent dwellings of the report;

2.      The proposed rent increase for temporary accommodation, as

set out in paragraph 1.13 of the report; and

3.      The proposed service charges and garage rents as set out in

paragraph 1.18 of the report; all to take effect from 1 April 2023.