Purpose

Delegate authority to the Strategic Director of Housing and Regeneration, following consultation with the Portfolio Holder for Housing and the Portfolio Holder for Finance and Resources, to acquire up to 70 properties on the open market to provide temporary and permanent accommodation, at a maximum cost of £30.732m to include the purchase price, all costs associated with the acquisition and initial repairs and refurbishment.

Decision

Purchase of the freehold property at 17 Sitwell Grove, Stanmore, HA7 3NB for a purchase price of £530,000.00. Parties to the transaction are (1) seller and (2) the Mayor and Burgesses of the London Borough of Harrow.