Proposed Purchase of Sixty-One Affordable Homes for Rent and Shared Ownership

Portfolio Holder - Housing and Homelessness (Cabinet member) Approved View on council website
Full council record

Purpose

This report seeks the approval of the Housing
and Homelessness Services Portfolio Holder to acquire the freehold
interest in sixty-one new-build residential properties within the
District.

Forming part of the same development, all of the homes will meet a
Planning S106 requirement.

Due to the pre-contract nature of this decision and the associated
commercial sensitivity, financial and site-specific information has
been set out within Confidential Appendix 1.

Decision

On 12 February 2025, Cllr Steve Davies, the
Portfolio Holder for Housing and Homelessness made the following
decision:

That in accordance with adopted strategic housing and development
objectives, it is recommended that the Council enters a Development
Agreement and Contract with the house builder to acquire the
freehold interest of the sixty-one new-build homes for the sum
disclosed within Confidential Appendix 1.

Any member of the Council, who is not a Portfolio Holder, who
considers that this decision should be reviewed should give notice
using the call-in facility at the top of this page on the
Council’s intranet / extranet site.
Alternatively, notice can be given to the Monitoring Officer (Tanya
Coulter) (in writing or by e-mail) to be received ON OR BY 5.15 pm
on 19 February 2025.

Details of the document the Portfolio Holder considered are
attached below.

Supporting Documents

Purchase of 61 affordable homes Report.docx.pdf

Details

OutcomeRecommendations Approved
Subject to call-inYes