Purchase of Ravensbourne House Property

May 7, 2026 Executive Director of Regeneration, Economy and Planning (Officer) Key decision 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 Regeneration, Economy and Planning approved the acquisition of the leasehold interest in Ravensbourne House property on 07/05/2026. This decision supports the Church Street regeneration programme and facilitates future vacant possession requirements. The acquisition includes associated home loss and disturbance payments in accordance with the Council’s leaseholder policy.

The Cabinet Member for Value for Money and Finance approved a revised Crisis and Resilience Fund budget for 2026/27 on 04 August 2026. This included approving the delivery of £1.63m of savings from the Council's discretionary funding allocation. The decision delegated authority to the Executive Director of Finance and Resources to make necessary budget adjustments.

Full council record

Decision

Decision Taken: The Executive Director of Regeneration, Economy & Planning has approved the acquisition of the leasehold interest in a property at Ravensbourne House within Church Street Site B, including the associated home loss and disturbance payments in accordance with the Council’s leaseholder policy, to support the continued delivery of the Church Street regeneration programme and facilitate the future vacant possession requirements of the site.

Supporting Documents

VFM26-11 Transition from the Household Support Fund to the Crisis and Resilience Fund - Revised Budg.pdf
OFF26-95- Purchase of Ravensbourne House Property.pdf

Details

OutcomeRecommendations Approved
Decision date7 May 2026
Effective from12 Aug 2026
Plan published23 Oct 2026