Homes for Lambeth (HfL) Homes Acquisition of Affordable Homes from HfL Build at the Fenwick Place Development

October 2, 2026 Cabinet Member for Housing (Cabinet member) 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 Deputy Leader (Environment, Climate Crisis and Transport) decided to approve an update to the Healthy Streets Exemptions and Dispensation Policy on 15/09/2026.

The Cabinet Member for Finance and Community Wealth Building decided to approve the award of a Corporate Print and Design Services Contract to CDS Print Services Ltd. The contract will commence on 26 September 2026 and expire on 31 May 2030, with an estimated total value of £3.616m. The decision included approving the contract term and value, and specified that the supplier will provide managed print, reprographics, distribution, and mailing services.

Full council record

Decision

  1. To approve HFL Homes acquisition of 27 social rent homes from HFL Build at the Fenwick Place development.
  2. To approve a loan agreement that makes loan facilities totalling £4,370,000 available to HFL Homes, for HFL Homes to acquire the affordable homes at Fenwick Place from HFL Build, to occur as soon as is practicable but no later than December 2026.
  3. To authorise the Director of Housing Operations to enter into the necessary security agreement, and any other legal agreements necessary, to enable the completion of the loan agreement, to occur as soon as is practicable but no later than December 2026.
  4. To approve payment of GLA grant totalling £4,890,000, received by the council for these properties, and payment from the Payment in Lieu funds of £700,000 to HFL Homes, to occur as soon as is practicable but no later than December 2026.

Supporting Documents

CMDDR Fenwick Place Homes Acquisition Part I.pdf
CMDDR - Procurement of Corporate Print and Design Services Contract.pdf
Appendix A - EIA.pdf
Appendix A - Equalities Impact Assessment.pdf

Details

OutcomeRecommendations Approved
Decision date2 Oct 2026
Effective from10 Oct 2026
Lead officerElliot Quinn
Subject to call-inYes