Westmead Apartments - Disposal Loan to WHIL
April 20, 2026 Executive Director of Finance and Resources (Officer) Key decision Approved View on council websiteThis 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 Executive Director of Finance and Resources approved the finalisation and execution of loan arrangements for Westminster Housing Investments Limited to acquire 31 intermediate rent homes at Westmead Apartments. This decision was made on 20/04/2026. The approved arrangements include entry into the Facility Agreement and Shareholder Loan Note, along with necessary security arrangements.
Full council record
Decision
Decision Taken: The Executive Director of Finance and Resources has approved the finalisation and execution of the loan arrangements required to facilitate the acquisition of 31 intermediate rent homes at Westmead Apartments by Westminster Housing Investments Limited (WHIL), including entry into the Facility Agreement and Shareholder Loan Note, together with any necessary security arrangements, to support the delivery of affordable housing and implementation of the Council’s approved Westminster Builds Business Plan.
Supporting Documents
Details
| Reference | Call-ins0 |
| Outcome | Recommendations Approved |
| Decision date | 20 Apr 2026 |