Content

Approval is granted for the sale of x Meadow
Way, Bognor Regis, West Sussex, PO21 5xx under the Right to Buy
scheme to Mr xx for £179,000. The full market valuation of
the property is £275,000, with a discount of £96,000
(59% capped). Legal Services is authorised to undertake all
necessary legal functions to complete the sale.

Reasons for the decision

The sale of the property is in accordance with
the Right to Buy scheme, allowing eligible tenants to purchase
their council homes at a discount. The transaction complies with
statutory requirements and council policies.

Alternative options considered

No alternative options were considered, as the
tenant has exercised their legal Right to Buy, and the council is
obligated to proceed with the sale under the applicable
legislation.