Decision Maker:

Outcome:

Is Key Decision?: No

Is Callable In?: No

Date of Decision: July 21, 2025

Purpose:

Content: Cabinet noted the dispensation granted by the Standards Committee at their meeting on 16th July in relation to this item.   Councillors Moriarty, Lintern and Ring declared an interest in this item.  Councillors Moriarty and Lintern left the room during consideration of this item.  Councillor Ring remained in the room, however he did not participate in the debate or vote on the matter.   RECOMMENDED:   1. The following discounts and premiums are recommended to Council for 2026/2027:   Class A Second Homes Discount for 2026/2027: ·        No reduction, i.e. a 0% discount:   Class B Second Homes Discount for 2026/2027: ·        No reduction, i.e. a 0% discount, plus ·        An additional premium of 100%, which will only be applied subject to agreement being reached with Norfolk County Council by no later than 30 November 2025 to return a share of their additional revenue raised from the Second Home Premium of no less than the percentage allocation for 2025/2026   Class C Empty/ Unfurnished Discount 2026/2027: ·        0% for both the initial and follow on periods   Long-Term Empty Property Premiums (Levy) for 2026/2027: ·        100% for properties empty between one and five years, ·        200% for properties empty longer than five years, and ·        300% for properties empty longer than ten years.   Class D Uninhabitable Properties for 2026/2027: ·        25% for 12 months starting on the day the property becomes uninhabitable; then: ·        0% once the 12 month period has expired.   2. Cabinet and Council note and consider the government guidance of November 2024 as included at Appendix D   REASON FOR DECISION:   To ensure the discounts, premiums and exceptions policy for Second Homes and Long-Term Empty properties are agreed for 2026/2027.