Decision Maker:

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: December 1, 2025

Purpose:

Content: Cabinet recommends to Full Council: 1. Full Council confirms that Hastings Borough Council will continue with the current arrangement to be responsible for the management of the properties (and collection of any revenue) under HHC Ltd ownership until such time as those assets are no longer Hastings Borough Councils responsibility. Management will continue under the delegated responsibility of the Head of Estates and Head of Housing to ensure compliance with necessary regulations and to safeguard residents and current tenants. 2. Full Council confirms that HHC Ltd formally ceases trading from 1st April 2026 and all outstanding loans and interest is terminated at the same time. This is under delegation to the Chief Finance Officer and Chief Legal Officer to commence with that process as soon as practicable. 3. Full Council confirms agreement that with delegation to the Chief Finance Officer that all Assets (and any liabilities) under the ownership and control of HHC Ltd are transferred at fair value or book value (whichever is appropriate) to Hastings Borough Council by no later than 31st March 2026. 4. Full Council confirms agreement that delegated authority be given to the Head of Housing in consultation with the Lead Member for Housing to agree the use of a Partner landlord on its behalf (where required). 5. Full Council agrees to Progress a Programme review of all HHC Ltd properties and evaluate the best option in terms of Sale or Management, in collaboration with the Chair of the Capital Assurance Board and in line with the Council’s disposal and asset policies.