Content

10.1

The current level of Council housing stock
with full stock condition information is less than 50%. A number of
council housing estates have been identified as requiring major
investment and therefore there is now a requirement to undertake
more detailed stock surveys and investment appraisal work.
 
Members considered a report of the Executive
Director, Neighbourhood Services 
seeking approval to utilise £4.5m of the Housing Revenue
Account funding in order to commission circa 15,000 Stock Condition
Surveys and associated stock appraisals by the end of the 2025/26
financial year

 

 

10.2

RESOLVED
UNANIMOUSLY: That the Housing Policy
Committee grants approval to utilise £4.5m of the
Housing Revenue Account funding in order to commission circa 15,000
Stock Condition Surveys and associated stock appraisals by the end
of the 2025/26 financial year.
 

 

 

10.3

Reasons for Decision

10.3.1

Approval to utilise £4.5m of the Housing
Revenue Account funding in order to commission circa 15,000 Stock
Condition Surveys and associated stock appraisals by the end of the
2025/26 financial year. This will enable the Council to have a
better understanding of its stock investment requirements and
reflect future investment decisions within the 30-year Housing
Revenue Account Business Plan

 

 

 

 

10.4

Alternatives Considered and Rejected

10.4.1

The alternative option considered was to
maintain delivering the Stock condition, energy performance and
HHSRS surveys at the current rate of delivery (circa 6500 surveys
per annum) and continue to undertake stock appraisal work within
the existing resources available within the Housing Services Asset
Management team, however it would take significantly longer to get
to the position which provides the Council a more accurate and up
to date position on the investment need.

 

 

10.4.2

It is likely to take over 4 years without the
proposals set out within this paper. This would pose a high risk of
delays to assessing and completion of appraisals to the housing
stock and subsequently risking the council’s ability to
deliver against the priorities as set out in the report above in a
timely manner. Therefore, this option is not recommended as a way
forward.