Venta Living - Business Plan 26/27 (less exempt appendix)
February 2, 2026 Cabinet (Cabinet collective) Key decision Approved View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
...recommended the approval of Venta Living's updated financial business plan for 2026/27, including a 5.26% rent increase to £1,100 per month and the adoption of a dynamic renting model.
Full council record
Decision
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.
Related Meeting
Cabinet Committee: Housing - Monday, 2 February 2026 - 10.00 am on February 2, 2026
Supporting Documents
Details
| Outcome | Recommendations approved |
| Decision date | 2 Feb 2026 |
| Effective from | 10 Feb 2026 |
| Expected date | 12 Feb 2020 |
| Originally due | 12 Feb 2020 |
| Subject to call-in | Yes |