Purpose

To seek necessary approvals and delegations to purchase housing with approved housing capital

Decision

Resolved

(1)          That the Head of Housing be authorised to determine the requirements of the additional housing (including location and specification), tenancy and rent setting and manage the acquired housing in accordance with obligations of the Council as a Registered Provider of Social Housing.

(2)          That the Executive Director Neighbourhood Services, in consultation with Assistant Director Finance and the Portfolio Holder for Housing, be authorised to make initial offers and begin the appropriate due diligence, once appropriate freehold or leasehold properties have been identified and it be noted that a separate report to seek final approval for the exchange of contracts to purchase property will be submitted to the Executive, this will then enable the purchase of property above financial thresholds.