Issue details

Acquisition of Section 106 Properties by the Housing Revenue Account

The council has had an ambition of adding 180 new homes to the councils housing stock by a mixture new development through the housing development programme and by appropriate acquisitions. To this end, the council has negotiated a deal with Barratt Homes for the acquisition of 19 new build flats.18 x 1 bed flats and 1 x 2 bed flat.

Decision type: Key

Decision status: Recommendations Approved

Notice of proposed decision first published: 30/05/2022

Reason for urgency:
There is a requirement to act quickly on this matter if Council wishes to proceed with the purchase, as the seller requires Exchange of Contracts by the end of June.

Anticipated restriction: Fully exempt  - View reasons

Explanation of anticipated restriction:
Full disclosure would put the Council at a commercial disadvantage with other Registered Providers.

Decision due: 15 Jun 2022 by Cabinet

Lead member: Cllr Arthur Coote, Portfolio Holder for Housing and Equalities cllrcoote@uttlesford.gov.uk

Lead director: Director of Housing, Health and Communities

Contact: Judith Snares, Housing Strategy and Operations Manager Email: jsnares@uttlesford.gov.uk Tel: 01799 510671.

Decisions

Agenda items

Documents

  • Council House Development Sites