Agenda item - Housing Purchase Policy
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Agenda item
Housing Purchase Policy
Minutes:
3a.1 Hilary Edgar presented the Home Purchase Policy document highlighting outlining the draft policy of new homes to the council funded by the HRA and increasing stock. She clarified that the paper will be going to Housing and New Homes and welcomed any feedback on the proposal.
3a.2 A resident enquired if the owner of a Council property has to accept an offer made by BHCC.
3a.3 An officer confirmed that tenants are under no obligation to accept any offers from BHCC and are within their rights to refuse. They clarified that the report states that BHCC can make a bid but not enter a bidding war, she noted that the price limit on a flat bid will be £250,000.
3a.4 AGREED – that the report be noted.