Purchase of Eight S106 properties at Station Road, Collingham

December 17, 2025 Portfolio Holder - Housing (Cabinet member) 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

...to facilitate the acquisition of high-quality affordable housing in Collingham, an increase of £50,000 was approved for the purchase of eight S106 properties at Station Road, raising the offer to £770,000.

Full council record

Purpose

To request approval to increase
offer for eight S106 Affordable Housing Units at Collingham, Newark
by £50,000.

Decision

That the increase of
£50,000 is approved to allow the delivery of high quality
affordable housing in Collingham.

Reasons for the decision

The increase in purchase
price is recommended in line with the councils Community Plan
Ambition 2, “To increase the supply of
housing…”

Alternative options considered

The alternative options,
to not increase the purchase price is considered in
section.

Supporting Documents

Portfolio Holder Decision - Station Rd Collingham.pdf

Details

OutcomeRecommendations Approved
Decision date17 Dec 2025
Subject to call-inYes