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Local Authority Mortgage Rate for Mortgages Under Housing Act 1985

Meeting: 26/03/2013 - Cabinet (Item 136)

136 Local Authority Mortgage Rate for Mortgages Under Housing Act 1985 pdf icon PDF 24 KB

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

Minutes:

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.

 

RESOLVED:

That the statutory rate of interest be endorsed to remain unchanged at 4.72%.

 

 

(Moved by Councillor J Oates and seconded by Councillor M Greatorex)