Decision details

Purchase of Housing Accommodation

Decision Maker: Executive

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To seek necessary approvals and delegations to purchase housing with approved housing capital

Decision:

Resolved

 

(1)          That the Head of Housing be authorised to determine the requirements of the additional housing (including location and specification), tenancy and rent setting and manage the acquired housing in accordance with obligations of the Council as a Registered Provider of Social Housing.

 

(2)          That the Executive Director Neighbourhood Services, in consultation with Assistant Director Finance and the Portfolio Holder for Housing, be authorised to make initial offers and begin the appropriate due diligence, once appropriate freehold or leasehold properties have been identified and it be noted that a separate report to seek final approval for the exchange of contracts to purchase property will be submitted to the Executive, this will then enable the purchase of property above financial thresholds.

 

Reason Key: Significant Expenditure or Savings;

Corporate Priorities : Quality housing and place making;

Wards Affected: (All Wards);

Reason No Public Access: No

Declarations: None

Subject to Urgent Proceedings: No

Contact: Richard Smith, Head of Housing Email: richard.smith@cherwell-dc.gov.uk Tel: 01295 221640.

Report author: Richard Smith

Publication date: 14/07/2026

Date of decision: 13/07/2026

Decided at meeting: 13/07/2026 - Executive

Effective from: 21/07/2026

Accompanying Documents: