Agenda item

Report of the Director of Community & Children's Services.

The Sub Committee considered a report of the Director of Community & Children’s Services which sought approval for the draft Tenancy and Rents Policy. This followed on from the Tenancy Strategy previously agreed by Members, and set out the City’s policies in relation to tenancy and rent with regard to its stock of social rented homes, both within the Square Mile and outside. Members noted key changes included:

·         the addition of “flexible tenancies” as type of tenancy available for use by the City;

·         the City’s willingness to apply to the Court to “demote” tenancies in response to anti-social behaviour and threats to staff; and

·         reduced entitlement to succession for new tenants.

In response to a Member’s query, officers confirmed that the City of London Corporation’s policy for increasing social rents is set in line with government policy. This sets increases at the level of the Consumer Price Index (CPI) rate of inflation plus 1% for the next ten years from April 2015. Members noted that the service charges for properties would rise in line with the cost of providing services.

RESOLVED – That the draft Tenancy and Rents Policy be approved.