Housing Revenue Account Budget Setting 2026/27

January 29, 2026 Executive, Council (Other) Approved View on council website

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Summary

...to approve a 4.8% increase in weekly council dwelling rents, a 4% increase in garage rents, and the proposed Housing Revenue Account revenue budget, fees and charges, and capital programmes for 2026/27, in order to fund landlord services, housing improvements, and new affordable homes.

Full council record
Content

Decision:
1.        To note the
comments arising from the Overview and Scrutiny Committee meeting
on 20 January 2026 as set out in the Supplementary Agenda
Pack.
 
2.        To recommend
that Council at the Budget meeting on 11 February 2026
resolves:
 
(a)  
    To increase the weekly
rent for Council dwellings by 4.8% from the 2025/26 weekly rent
charges, effective from 1 April 2026, within the permitted
guidelines contained within the Government’s rent setting
policy.
(b)       To approve a 4%
increase be applied to garage rents, which is in line with the
wider Council policy on fees and charges.
(c)       To approve the
proposed HRA revenue budget for 2026/27, as set out in Appendix 2
to the report.
(d)       To approve the fees
and charges for HRA services for 2026/27, as set out in Appendix 4
to the report.
(e)       To approve the HRA
capital programmes as shown in Appendices 5 and 6 to the
report.
 
Reason:
To approve the generation and
use of resources to fund Guildford Borough Council's Landlord
Services, Housing Improvement Plan, the 30-year maintenance
programme, and proposals for building new affordable homes and
remodelling existing stock in line with the Council’s
Corporate Strategy.
 
Other options considered and
rejected by the Executive:
None.
 
Details of any conflict of
interest declared by the Leader or lead councillors and any
dispensation granted:
None.

Related Meeting

Executive - Thursday, 29th January, 2026 6.00 pm on January 29, 2026

Supporting Documents

HRA Budget Setting Report 202627 2.pdf
Appendix 1 HRA Business Plan.pdf
Appendix 2 HRA 202627 Budget.pdf
Appendix 3 HRA Statement of key variations.pdf
Appendix 4 - HRA fees and charges 2026 27 GBC Final.pdf
Appendix 5 HRA Capital Programme.pdf
Appendix 6 HRA New Development Programme.pdf

Details

OutcomeRecommendations Approved
Decision date29 Jan 2026
Subject to call-inYes