Venta Living - Business Plan 26/27 (less exempt appendix)

February 2, 2026 Cabinet (Cabinet collective) Key decision Approved View on council website

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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. 
 

Supporting Documents

CAB3542H Venta Living business plan 26-27.pdf

Details

OutcomeRecommendations approved
Decision date2 Feb 2026
Effective from10 Feb 2026
Expected date12 Feb 2020
Originally due12 Feb 2020
Subject to call-inYes