Decision details

Purchase of 4 properties - 2/4/6/8 Millmead Road

Decision Maker: Cabinet Member for Housing and Safer Neighbourhoods

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

To purchase 4 properties at 2/4/6/8 Millmead Road in accordance with the Acquisition programme.

Reasons for the decision:

In October 2017, cabinet approved the Acquisition programme. The Council has the power under Section 9 of the Housing Act 1985 to acquire houses for the purpose of providing housing accommodation.

 

An offer was accepted on four properties on 27th November 2017, and exchange took place on 21st December 2017. The transaction completed on 21st February 2018.

 

The homes will be let directly to households who are homeless and in temporary accommodation.

Alternative options considered:

In identifying these properties for purchase other available properties on the market were considered. These properties were considered to offer good value for money for the programme.

Publication date: 03/04/2018

Date of decision: 27/11/2017