Proposed Purchase of Thirty Affordable Homes for Rent and Shared Ownership

June 4, 2025 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 Portfolio Holder to acquire the freehold interest
in thirty 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 4 June 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 thirty 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 (Matt Wisdom) (in writing or by
e-mail) to be received ON OR BY 5.15 pm on 11 June 2025.

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

Supporting Documents

Purchase of 30 affordable homes report.docx.pdf

Details

OutcomeRecommendations Approved
Decision date4 Jun 2025
Subject to call-inYes