rent policy
Wandsworth Council is currently discussing its revised rent policy in the context of a significant housing investment plan and increased borrowing.
Wandsworth Council's Housing Revenue Account (HRA) business plan, published in October 2026, outlines a revised capital programme totalling £662.980 million over four years. This significant investment, primarily funded through borrowing, is projected to reach £848 million over the next 10 years, with an assumed average interest rate of 4.5%. This plan is set against the backdrop of a shift in the council's rent policy, which is being revised to allow for rent convergence.
The need for this investment is attributed to the council's aging housing stock and increasing requirements, alongside "serious failings" in stock management. These failings were highlighted by a C3 grading from the Regulator of Social Housing. No upcoming meetings are currently scheduled to discuss the rent policy.
Key facts
- Wandsworth Council's Housing Revenue Account business plan outlines a revised capital programme totalling £662.980 million over four years. Source
- Borrowing for the housing plan is projected to reach £848 million over the next 10 years. Source
- The assumed average interest rate for this borrowing is 4.5%. Source
- The council's housing stock management received a C3 grading from the Regulator of Social Housing. 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.