Decision details

Housing Revenue Account Buy Back Ex-Local Authority Property, Weybourne, Farnham (Part Exempt)

Decision Maker: Executive Co-Portfolio Holder for Housing Decisions

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Decision:

Having considered the comments of the Landlord Services Advisory Board (Executive Working Group), the Executive Co-Portfolio Holder for Housing, Cllr Paul Rivers,

 

RESOLVED to,

 

 

1.     Approve the principle of the buy back on the terms set out in the report, and the use of the buyback reserve for this, together with any related professional costs and Stamp Duty Land Tax. Further approves the property being appropriated for Housing Purposes as part of the Housing Revenue Account.

 

2.     Delegate to the Executive Head of Housing to approve the final terms of the purchase.

 

3.     Grant delegated authority to the Executive Head of Legal and Democratic Services to approve the final form of wording of any legal agreements related to the purchase.

 

Reason(s) for Recommendation:

 

To support the Council’s ability to meet housing needs in the borough.

 

Publication date: 29/09/2023

Date of decision: 28/09/2023

Decided at meeting: 28/09/2023 - Executive Co-Portfolio Holder for Housing Decisions

Effective from: 06/10/2023

Accompanying Documents: