Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: June 24, 2025

Purpose:

Content: RESOLVED that Cabinet recommends to Council that –   (a)      Second Homes and Long Term Empty (standard premiums) remain at current levels of 150% from April 2026;   (b)      premiums for Long Term Empty properties that have been empty for over 5 years are increased annually by 25% up to the maximum of 300%, resulting in current premiums of 200% rising to 225% from April 2026, 250% from April 2027, and so forth, and   (c)      introduce two new categories of premium relief within the S13a Discretionary Relief Policy as set out within paragraph 4.7 – 4.9 of the report.