Decision details

RESOLVED

That the revised Shared Ownership Allocations Policy is approved.

REASONS FOR DECISION

The previous Shared Ownership Policy has now expired, and a revised Policy needs to be put in place.

OTHER OPTIONS CONSIDERED BUT REJECTED 

The option of not revising the Policy was considered but rejected as the revised Policy gives clear procedures on how Council owned shared properties are sold. It also sets out the Council’s stance on building or acquiring this type of tenure in the future for inclusion in the Council Housing Stock.

Please note that this was not a Key Decision and so can be implemented with immediate effect by officers