Decision details

(1)        That the Council’s Rent Cap remains at £180 per week for 2014/15;

(2)        That the Council’s Affordable Rents Policy be applied to both:

(a)        Financial Appraisals for potential developments; and

(b)        To the actual rents charged for properties when they are let;

in relation to market rent levels, Local Housing Allowance (LHA) levels and the Rent Caps applicable at that time;

(3)        That the Council’s Rent Cap next be reviewed by the Cabinet Committee towards the end of 2014/15, in time for inclusion within the Rents Strategy Chapter of the HRA Business Plan for 2015/16.