Cabinet will be asked to agree the Housing Revenue Account business plan update and set HRA budgets in accordance with the report.

Cabinet:

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

2.     Agree that the rents chargeable for tenants in general needs Council properties owned by the London Borough of Havering be increased by 2.7% from the week commencing 7^th April 2025.

3.     Agree 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 2.7% from the week commencing 7^th April 2025.

4.     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 2025/26 are: the week commencing of 25^th August 2025; 15^th December 2025; 22^nd December 2025 and the 30^th March 2026.

5.     Agreed that service charges and heating and hot water charges for 2025/26 are as detailed in section 2.11 to 2.23 of this report.

6.     Agreed that charges for garages should be increased by 2.7% in 2025/26 as detailed in section 2.9 of this report.

7.     Agreed that the service charge for the provision of intensive housing management support in sheltered housing for 2025/26 shall be as detailed in section 2.24 of this report.

8.     Agreed the Supported Housing Charge for HRA Hostels as detailed in section 2.30 of this report.

9.     Agreed that the rent charge to shared ownership leaseholders is increased in line with current lease conditions as detailed in paragraph 2.8 of this report.  

10.Agreed that the Care-line and Telecare support charge should be increased by 2.7% for 2025/26 as detailed in section 2.28 of this report.

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

12.Approved the HRA Capital expenditure and financing for the 12 Estates Joint Venture and other acquisition and regeneration opportunities detailed in section 4.4 – 4.14 and Appendix 1b of this report and refer it to Full Council for final ratification.