Last week there we held special meetings of the Housing and Resources Committees to discuss how to respond the Governments offer to take on around £65mn of Housing debt (Tandridge is currently debt free as a local authority) in exchange for them stopping the tax on our residents housing rents and being able to retain the proceeds from Council Houses bought by their tenants.
We agreed to continue the dialogue with government, as bizarre as it sounds the Government's offer might be a better deal than the current arrangements for Tandridge tenants and Council Taxpayers. But it reflects the gerrymandering of the system where rents from well run authorities like Tandridge where there is a great need for affordable housing for local people are being used to subsidise badly run and indebted authorities in other parts of the country.
