Confirmation of the HRA Business Plan Update Budget 2026/27 and Capital Programme 2026/27 - 2030/31

Report Title: HRA Business Plan Update Budget 2026/27 and Capital Programme 2026/27 - 2030/31

Presented by: Councillor Paul McGeary, Lead Member for Housing and Property

Cabinet:

1          Approved the Housing Revenue Account Budget as detailed in paragraph 3.5.

2          Agreed that the rents chargeable for tenants in general needs Council properties owned by the London Borough of Havering be increased by 4.8% from the week commencing 6th April 2026.

3          Agreed that the rents chargeable for tenants in supported housing Council properties, such as sheltered housing and hostels, owned by the London Borough of Havering, are increased by 4.8% from the week commencing 6th April 2026.

4          Agreed that the rents chargeable for existing occupants of temporary accommodation are increased by 4.8% from the week commencing the 6th April 2026.

5          Noted the full annual rental charge will be billed over 48 weeks of the financial year and to agree the four weeks when rents will not be collected during 2026/27 are: the week commencing of 24th August 2026; 14th December 2026; 21st December 2026 and 29h March 2027.

6          Agreed that service charges and heating and hot water charges for 2026/27 are as set out in Section 2 of this report.

7          Agreed that charges for garages should be increased by 4.8% in 2026/27 as detailed in Section 2 of this report.

8          Agreed that the service charge for the provision of intensive housing management support in sheltered housing for 2026/27 shall be as detailed in Section 2 of this report.

9          Agreed the Supported Housing Charge for HRA Hostels as detailed in Section 2 of this report.

10        Agreed that the rent charge to shared ownership leaseholders is increased in line with current lease conditions as detailed in Section 2 of this report relating to income.

11        Agreed that the Care-line and Telecare support charge should be increased by 4.8% for 2026/27 as detailed in Section 2 of this report relating to income.

12        Approved the HRA Major Works Capital Programme, as detailed in Appendix 1a of this report and refer it to full Council for final ratification.

13        Approved the HRA Capital expenditure and financing for the 12 Estates Joint Venture and other acquisition and regeneration opportunities as detailed in Section 4.3 – 4.16 and Appendix 1b of this report and refer it to Full Council for final ratification.