Wandsworth Council's Housing Revenue Account (HRA) business plan
Wandsworth Council is currently discussing its revised Housing Revenue Account business plan, which includes a £663 million capital programme and increased borrowing.
Wandsworth Council's Housing Revenue Account (HRA) business plan, which outlines financial projections and a capital programme for council housing, was updated in October 2026. The revised plan includes a £662.980 million capital programme over four years, primarily funded by borrowing projected to reach £848 million over the next 10 years, according to a story.
This significant investment, with an assumed average interest rate of 4.5%, aims to address the council's aging housing stock and increasing requirements. A report to the committee noted serious failings in past stock management, highlighted by a C3 grading from the Regulator of Social Housing.
Key facts
- Wandsworth Council's revised HRA capital programme totals £662.980 million over four years. Source
- Borrowing for the HRA is projected to reach £848 million over 10 years. Source
- The assumed average interest rate for HRA borrowing is 4.5%. Source
- The Regulator of Social Housing gave a C3 grading for past stock management. Source
About this summary
This summary was written automatically from our published stories and the council meeting records they draw on. It describes what councils have discussed and decided; it does not take a view on any decision. Each key fact links to the story it comes from. Updated 2 October 2026. Spotted a mistake? Email community@opencouncil.network.