Wessex Home Improvement Loans
To receive a report from the Public Health and Professional Services Manager regarding the Council’s participation in the Devon Wessex Home Improvement Loans consortium.
Minutes:
The Group had before it a report * from the Public Health and Professional Services Manager seeking a recommendation on whether the Council should continue to participate in the Devon Wessex Home Improvement Loans consortium.
He outlined the contents of the report and provided clarification regarding the strengths and weaknesses in relation to withdrawing or continuing within the scheme.
Thorough consideration was given to all the relevant issues, in particular the financial implications involved in relation to both options.
RECOMMENDED to the Cabinet that the Council serves notice to withdraw from the Devon Wessex Home Improvement Loansscheme and does so no later than 31 March 2016.
(Proposed by Cllr Mrs E M Andrews and seconded by Cllr J D Squire)
Notes: (i) * Report previously circulated; copy attached to the signed minutes;
(ii) Cllr R J Dolley declared personal interests in that he had received home improvement loans in the past and his brother was Chairman of another financial company.