Decision details

Proposed Purchase of Sixty-One Affordable Homes for Rent and Shared Ownership

Decision Maker: Portfolio Holder - Housing and Homelessness

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

This report seeks the approval of the Housing and Homelessness Services Portfolio Holder to acquire the freehold interest in sixty-one new-build residential properties within the District.

Forming part of the same development, all of the homes will meet a Planning S106 requirement.

Due to the pre-contract nature of this decision and the associated commercial sensitivity, financial and site-specific information has been set out within Confidential Appendix 1.

Decision:

On 12 February 2025, Cllr Steve Davies, the Portfolio Holder for Housing and Homelessness made the following decision:

That in accordance with adopted strategic housing and development objectives, it is recommended that the Council enters a Development Agreement and Contract with the house builder to acquire the freehold interest of the sixty-one new-build homes for the sum disclosed within Confidential Appendix 1.

Any member of the Council, who is not a Portfolio Holder, who considers that this decision should be reviewed should give notice using the call-in facility at the top of this page on the Council’s intranet / extranet site.
Alternatively, notice can be given to the Monitoring Officer (Tanya Coulter) (in writing or by e-mail) to be received ON OR BY 5.15 pm on 19 February 2025.

Details of the document the Portfolio Holder considered are attached below.

Reasons for the decision:

See Report

Alternative options considered:

See Report

Declarations of Interest(s): None

Contact: Tim Davis, Service Manager - Housing Strategy & Development Email: tim.davis@nfdc.gov.uk.

Publication date: 12/02/2025

Effective from: 20/02/2025

Accompanying Documents: