Westmead Apartments - Disposal Loan to WHIL

April 20, 2026 Executive Director of Finance and Resources (Officer) 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

The Executive Director of Finance and Resources approved the finalisation and execution of loan arrangements for the acquisition of 31 intermediate rent homes at Westmead Apartments by Westminster Housing Investments Limited (WHIL). This decision was made on 20/04/2026. The approval includes 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

OFF26-85- Westmead Apartments - Disposal Loan to WHIL.pdf

Details

OutcomeRecommendations Approved
Decision date20 Apr 2026