Penarth
Nub News Logo
Nub News

Vale of Glamorgan Council publishes report showing they propose to increase social housing rent by 6.7% in 2024/25.

Local News by Trevor Bevins - Local Democracy Reporter 7th Jan 2024  

Council housing rents in Vale of Glamorgan are set to rise to the maximum amount allowed by the Welsh Government.

Vale of Glamorgan Council published a report recently showing that they propose to increase their social housing rent by 6.7% in 2024/25.

The council said it uses rental income to invest in its existing housing stock and the development of further homes.

The proposed rental increase comes at a time when the cost of living continues to hit families hard across the country, however a number of pledges have been proposed in mitigation, like a commitment not to evict tenants facing financial hardship during the next financial year if they engage with their landlords.

Vale of Glamorgan Council's report states: "The Council is acutely aware of the financial challenges that our tenants are experiencing currently and decisions regarding rent increases are carefully considered to ensure Council Housing rents remain affordable."

An analysis of the condition of council homes in the county suggests that an additional £50m will need to be invested over the next 10 years to bring them to Welsh Governemnt housing quality standards.

Vale of Glamorgan, like other areas of the UK, is also facing a high level of demand for housing.

This year, the council had 220 new homes under construction across six sites, from Penarth to Llantwit Major.

These are scheduled for completion during the end of this year and into 2024/25.

However, there are 6,000 households on the housing waiting list and more than 300 homeless people living in temporary accomodation.

Similarly to other local authorities across the country, Vale of Glamorgan Council is faced with the reality of having to make a number of difficult financial decisions next year.

Leader of the council, Cllr Lis Burnett, said the Welsh Government's provisional settlement puts the local authority in "an incredibly difficult position" and it is estimated that the council will be left to bridge a £9.4m budget gap.

It will look to achieve this through a range of measures including charges for some non-statutory services and changes to council tax.

In July, the council forecast its budget gap for 2024/25 to be £6.4m. This foretasted figure stood at £10.57m in November. It was modelled on a 4.9% council tax increase.

All budget proposals for 2024/25, which are yet to be published by the council, will go through a public consultation process in the new year.

     

CHECK OUT OUR Jobs Section HERE!
penarth vacancies updated hourly!
Click here to see more: penarth jobs

Share:


30% OFF

Apple AirPods 2nd Gen with Lightning Charging Case and 1m Cable
Hear the difference-wireless freedom is music to your ears! Apple Earbuds 2nd Gen - Charging Case and 1m Cable
£199.95 £139.3

34% OFF

 Save  up to  63%  222 Bought PRICE DROP! Wingline Divan Bed & Mattress - 8 Colours - 2 or 4 Drawers Option View variant  Save  up to  34%  66 Bought Falcon Velvet Scatterback Sofa Range – Armchair, 2-Seater, 3-Seater & 3+2 Set | Plush Velvet Sofas for Modern Living Rooms View Selling fast! gemini_outpaint_variant_43944525  Save  69%  313 Bought PRICE DROP! Luxury Rio Divan Bed: Premium Memory Sprung Foam Mattress & Optional Storage Drawers - 6 Sizes & 10 Colours View Selling fast! variant  Save  75%  5404 Bought Crushed Velvet Divan Bed & Memory Sprung Mattress - 7 Colour Options View Selling fast! variant  Save  68%  549 Bought PRICE DROP! Plush Velvet Pure Wingback Upholstered Bed with Memory Foam Sprung Mattress View DMD Collective 20-Bar Espresso Coffee Machine with Digital Display and Milk Frother
Pull an espresso and a smile-it's café quality right at home! 20-Bar Espresso Coffee Maker with Frother
£89.99 £58.74

70% OFF

Kick back and defy gravity-comfort truly knows no bounds here! Zero Gravity Reclining Sun Lounger Chairs from Hirix International LTD
£199.99 £59.7

Sign-up for our FREE newsletter...

We want to provide penarth with more and more clickbait-free news.