Decision
Venta Living - Business Plan 26/27 (less exempt appendix)
Decision Maker: Cabinet
Outcome: Recommendations Approved (subject to call-in)
Is Key Decision?: Yes
Is Callable In?: Yes
Date of Decision: February 2, 2026
Purpose:
Content: 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
Related Meeting
Cabinet Committee: Housing - Monday, 2 February 2026 - 10.00 am on February 2, 2026