Decision details

To purchase a property in Exeter

Decision Maker: Director - Bindu Arjoon

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

To purchase a property in Exeter.

Decision:

To purchase a property in Exeter.

 

Reasons for the decision:

To make best use of the council’s housing assets, increase stock provision and rental income. 

 

This property is also a two bedroomed first floor flat within a council owned block of 6 flats amongst a larger, predominantly council owned estate.

 

Alternative options considered:

This is the best option and will seek to streamline the HRA portfolio, reducing operational costs for repairs and planned works.

 

Publication date: 08/02/2019

Date of decision: 03/02/2019