Completion arrangements for the acquisition by TBG Open Door Ltd of the Touchpoint Housing portfolio

November 19, 2025 Executive Director Growth (Officer) Key decision Approved View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

The Executive Director Growth approved arrangements for the acquisition of the Touchpoint Housing portfolio by TBG Open Door Ltd on 19/11/2025. The decision authorised the signing of legal charges, deeds of variation, nominations agreements, and contracts of sale for three properties. It also approved extending the loan facility agreement and confirmed the council's agreement to the transaction terms.

Full council record

Purpose

This report confirms
that the requirements of the approved 6th February 2024 report to
Cabinet, and related conditions precedent in the 31st October 2024 dated Loan Facility
Agreement, have been fulfilled subject to the signing and sealing
of documents specified in this report. 
Authorisation is sought to sign the Legal Charge, Deed of
Variation, and Nominations Agreement; together with Contracts of
Sale relating to three properties.
 

Supporting Documents

DPR Touchpoint Housing Completion Agreements signed 19112025.pdf

Details

OutcomeRecommendations Approved
Decision date19 Nov 2025