Norman Adams was to put it mildly ‘angry, and agitated’ that Northampton Borough Council makes a mockery of its own (published) rent setting protocol that ‘Affordable rents’ would not exceed the 2019/20 LHA rate +1.7%
Northampton Council makes a mockery of the rent setting protocol
Despite the claims that ‘Affordable rents’ would not exceed the 2019/20 LHA rate +1.7%
2019/20 LHA Rate + 1.7%
I now find that the expected rent of £116.94 will be £140.00
You can keep the bung NBC policy tells home owners
NBC Regeneration Policy February 2019
3.7 If the home owner has purchased the property (as a council tenant) under the Right To Buy Scheme, they will have received a discount on the purchase price when they bought it and, if they sell it within five years, they will normally be required to repay all of part of the discount they have received.
3.8 Where a home owner sells their property to the Council (either voluntarily or as a result of its compulsory purchase) after the Cabinet has formally approved the regeneration scheme, the Council will not seek to recover any of the money that the home owner received as a discount when they bought the property.
If the government is serious about managing the Welfare Bill, why is the only growth area in so called “Affordable rent” homes, we have seen this grow to now having 118 in NBC stock which have the potential to add over £207k a year to it?