To approve the acquisition of the private leasehold properties on Heath Town estate.

Councillor Peter Bilson presented the report that provided an update on the buying back of leasehold properties purchased originally under ‘Right to Buy’ (RTB) on the Heath Town Estate which are due to have major works undertaken as part of the estate works.  Approval was sought to the purchase of the leasehold for two properties on the estate where the purchase price had been agreed and to delegated authority to approve any further purchases of leasehold properties on the estate once a purchase price had been agreed.

Resolved:

1.    That the purchase of the leasehold properties as listed on appendix 1 to the report where the purchase price has been agreed be approved.

2.    That authority be delegated to the Cabinet Member for City Assets and Housing in consultation with the Service Director, City Housing to approve any further purchases of leasehold properties purchased under the Right to Buy (RTB) on the Heath Town Estate, subject to agreement of a purchase price.

3.    That the progress made to buy back leasehold properties purchased originally under the Right to Buy (RTB) on the Heath Town Estate which are due to have major works undertaken as part of the estate refurbishment be noted.