Approval of Authority to Exchange and Compliance Certificate for the purchase of Plot xx, xx Long Lakes Way, Ferring, Worthing BN12 6xx under the First Homes scheme for Miss xx.
March 11, 2025 Group Head of Housing, Wellbeing & Communities (Officer) Approved View on council websiteFull council record
Content
The Authority to Exchange and Compliance
Certificate has been issued for the First Homes property at Plot
xx, xx Long Lakes Way, Ferring, Worthing BN12 6xx, for the
applicant Miss xx. The purchase price for the property is
£163,800, following a 30% discount on the market value of
£234,000. The anticipated date for the exchange of contracts
is 14 March 2025, and completion is expected by 28 March
2025.
Reasons for the decision
Miss xx meets the national and local
eligibility criteria for the First Homes scheme, as per the Section
106 agreement related to planning permission A/168/21/PL and the
Unilateral Undertaking between Redrow Homes and Arun District
Council dated 14 July 2022. The eligibility has been confirmed
through documentation submitted by the applicant, and the
transaction complies with all necessary regulations and
requirements under the First Homes programme.
Alternative options considered
No alternative options were considered, as the
applicant meets all eligibility criteria and complies with the
terms of the First Homes agreement.
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 11 Mar 2025 |