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Local Authority Mortgage Rate for Mortgages granted Under Housing Act, 1985

 

 

Meeting: 21/09/2011 - Cabinet (Item 59)

59 Local Authority Mortgage Rate for Mortgages granted Under Housing Act, 1985 pdf icon PDF 29 KB

(The Report of the Portfolio Holder for Corporate Services and Assets)

Additional documents:

Minutes:

The report of the Leader of the Council in the absence of the Portfolio Holder for Corporate Services and Assets, in accordance with section 438 of the Housing Act 1985, making the statutory declaration of the local authority mortgage rate from 1 October was considered.

 

 

RESOLVED

That Cabinet approved the following:

 

1

the statutory declaration of interest was to be charged at 6.87%, and;

 

2

the rate to be reviewed again in 6 months.

(Moved by Councillor D Cook  and seconded by Councillor M Oates)