Decision details

Bushfield Court, Orton Goldhay, Peterborough - APR20/CMDN/104

Decision Maker: Cabinet Member for Housing, Culture and Recreation, Cabinet Member for Strategic Planning and Commercial Strategy and Investments

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

The Cabinet Member:

 

1.    Approved an agreement to lease and new lease of 51 flats at Bushfield Court at Local Housing Allowance rates for a term of 5 years.

 

2.    Approved payment of associated Stamp Duty Land Tax and professional fees.

 

Reasons for the decision:

The Council needs additional housing for temporary accommodation and there is an opportunity to lease 51 flats in one location at LHA rates.

 

Alternative options considered:

The alternative option considered was to acquire a long leasehold of the properties. This option has been discounted because the requirement for temporary accommodation may be very different in five years’ time. A purchase would not align with the Council’s Asset Management Plan, given the significant investment required by the landlord to bring the property up to a compliant standard.

Interests and Nature of Interests Declared:

None.

Background Documents:

None.

Publication date: 29/04/2020

Date of decision: 29/04/2020

Effective from: 05/05/2020

Accompanying Documents: