Decision details

Write Off of Rent Arrears Debt (Non-Key)

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To seek Cabinet’s authority to write off arrears of rent, insurance and service charges that are now deemed irrecoverable associated to the subject property (“the Property”).

Decision:

The Cabinet has considered a proposal to write off arrears of rent, insurance and service charges in the sum of £175,753.19 that are now deemed irrecoverable associated to the subject property and has:-

 

(1)  Given approval to write off the arrears of rent, insurance and service charges totalling £175,753.19 that are now deemed irrecoverable as detailed within this report.

 

(2) Note that the Deputy Chief Executive has the existing delegated authority to proceed to terminate or receive the surrender of the lease in relation to the Property following the approval of the write off of the arrears associated with the tenancy.

 

(NOTE: The report contained a ‘not for publication’ appendix that had been circulated to members of the Cabinet only).

Alternative options considered:

None.

Interests and Nature of Interests Declared:

None.

Wards Affected: Brinnington & Stockport Central;

Equality and/or Environmental Impact Assessment: N/A

Decision Reference: CAB530

Declarations or conflicts of Interest: None.

Other reasons / organisations consulted

N/A

Contact: Sam Holdcroft, Services to Place Email: sam.holdcroft@stockport.gov.uk Tel: 07356 111176.

Report author: Damian Eaton

Publication date: 05/02/2025

Date of decision: 04/02/2025

Decided at meeting: 04/02/2025 - Cabinet

Effective from: 12/02/2025

Accompanying Documents: