The ‘Rent Setting Policy’ ensures
we are regularising the current annual rent setting process, that
re-confirms the rent setting is part of the annual Housing Revenue
Account budget setting process.
The policy requires the council to adhere to the Rent Standard 2020
and any subsequent amendments in legislation regulation or guidance
including the updated Rent Standard 2023. That in practice, means
our approach to rent setting continues without any changes to our
historical approach.
Decision type: Key
Decision status: Recommendations Approved
Wards affected: None Specific;
Notice of proposed decision first published: 24/07/2023
Decision due: 26 Oct 2023 by Executive
Lead member: Leader of the Council and Executive Member for Housing - Stephen Conway
Lead director: Director, Place and Growth - Giorgio Framalicco
Department: Housing, Income and Assesments
Contact: Harrision Wilks Email: harrision.wilks@wokingham.gov.uk.
Reference Number: WBC1393
Reason For Consideration: The ‘Rent Setting Policy’ ensures we are regularising the current annual rent setting process, that re-confirms the rent setting is part of the annual Housing Revenue Account budget setting process. The policy requires the council to adhere to the Rent Standard 2020 that in practice, means our approach to rent setting continues without any changes to our historical approach.