Authority to Exchange and Compliance Certificate for First Homes Purchase – Plot xxx, Nursery Fields, x Daffodil Avenue, Bognor Regis, PO21 xxx

May 12, 2025 Director of Environment & Communities (Officer) Approved View on council website
Full council record
Content

To issue an Authority to Exchange and
Compliance Certificate in respect of the proposed purchase of Plot
xxx, Nursery Fields, by xxx under the First Homes Scheme.

Reasons for the decision

The First Homes Applicant, xxx, has satisfied
both the national and local eligibility criteria as required under
the terms of the Section 106 agreement ref: BE/1/23/RES. Arun
District Council has received a Solicitor’s Undertaking and
the necessary supporting documentation. The purchase is proceeding
at the appropriate discounted value of £250,000, reflecting a
38% discount on the market value of £403,225.

Alternative options considered

No alternative options considered. The
applicant meets all required eligibility conditions and the
conveyancing process complies with the First Homes guidance and
Section 106 agreement obligations.

Details

OutcomeRecommendations Approved
Decision date12 May 2025