Decision details
Local Authority Mortgage Rate for Mortgages Under Housing Act 1985
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
Purpose:
The purpose of this report is, in accordance
with Section 438 of the Housing Act 1985, to make the statutory
declaration of the local authority mortgage interest rate from 1
April 2013.
Decisions:
The Report of the Portfolio Holder for Core Services and Assets in accordance with Section 438 of the Housing Act 1985, making the statutory declaration of the local mortgage interest rate from 1 April 2013 to 30 September 2013 was considered.
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RESOLVED: |
That the statutory rate of interest be endorsed to remain unchanged at 4.72%.
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(Moved by Councillor J Oates and seconded by Councillor M Greatorex) |
Report author: Michael Buckland
Publication date: 11/04/2013
Date of decision: 26/03/2013
Decided at meeting: 26/03/2013 - Cabinet
Accompanying Documents:
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