Decision Maker: Executive

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: April 1, 2025

Purpose: The Executive is requested to approve the variation of a previous decision regarding 29 Cottes Way, Hill Head from a change of tenure to disposal of the property.   In November 2024, the Executive approved the change of tenure of 29 Cottes Way from a rented to a Shared Ownership property. Following the decision, officers engaged with multiple teams across the Council to deliver this.  As part of that work, a more in-depth assessment of the proposal has been completed, having regard to the property condition and the shared ownership market.  This thorough assessment of the property and market conditions concluded that there is a stronger business case to dispose of the property.  Further detailed reasoning is provided in confidential Appendix A to the report.

Content: RESOLVED that  the Executive agrees to:   (a)  vary the decision made on 4 November regarding 29 Cottes Way, Hill Head to approve its disposal;   (b)  delegates authority to the Director of Housing to establish the best route to sale for the disposal; and   (c)  delegates authority to the Director of Housing, following consultation with the Executive Member for Housing, to accept the most appropriate offer for the disposal.