Proposed Purchase of Fifty-Seven Affordable Homes for Rent and Shared Ownership

February 4, 2026 Portfolio Holder - Housing and Homelessness (Cabinet member) Approved View on council website

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Summary

...approved the acquisition of fifty-seven new-build affordable homes for rent and shared ownership through a Sale and Development Agreement with the house builder for a sum detailed in a confidential appendix.

Full council record

Purpose

This report seeks the approval of the Housing
and Homelessness Portfolio Holder to acquire the freehold interest
in fifty-seven 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 February 2026, 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 Sale and
Development Agreement with the house builder to acquire the
freehold interest of the fifty-seven 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 February 2026.
Details of the document the Portfolio Holder considered are
attached below.

Reasons for the decision

The fifty-seven ‘S106’ affordable
homes contribute to a planning requirement imposed upon the
approved development to include a percentage of affordable housing
under policy HOU2 of the Local Plan (July 2020). By acquiring the
homes from the Developer, the Council is enabling the Planning
Obligation to be partially fulfilled.

Alternative options considered

See report

Supporting Documents

Purchase of 57 affordable homes report.docx.pdf

Details

OutcomeRecommendations Approved
Decision date4 Feb 2026
Subject to call-inYes