1. That the updated financial business plan be approved, as recommended by Cabinet Committee: Housing.
2. That the proposed rent increase for 2026/27 of 5.26% to £1100 per month be approved.
3. That the move to a dynamic renting model following the implementation of the renters rights Bill in May 2026 be approved, allowing for prevailing market rents to apply to individual units at the point of relet.
That the updated financial business plan, at Appendix A in the exempt appendix to CAB3542(H) be recommended for approval to Cabinet, including:
a) The proposal to increase rent by 5.26%, to £1,100 per month
b) The proposed move to a dynamic renting model following the implementation of the renters rights Bill in May 2026, allowing for prevailing market rents to apply to individual units at the point of relet.
c) To note that operating costs have been reviewed and updated in the business plan model.