Decision details

Approval of the policy to offer all leaseholders the opportunity to surrender their current lease and enter into a fixed service charge lease

1.  That in accordance with the Cabinet decision on 22 October 2013 that a policy be  developed to offer all leaseholders the option to surrender their current lease for a new lease on a fixed service charge basis, the policy outlined in the report be agreed.  The offer be made once only to each leaseholder and be kept open for a limited period. 

2.  That the risk to the HRA should any leaseholder with a fixed service charge lease apply for a lease extension be noted.