Decision

Authority granted to issue an Authority to Exchange and Compliance Certificate in respect of the purchase of Plot xx, Sylvan Meadows, xxx Road, Walberton, Arundel, BN18 xxx by Mrs xxx under the First Homes programme. The certificate confirms eligibility for the purchase and authorises exchange of contracts for the property. The property has a market value of £330,000 and is to be sold at the First Homes discounted purchase price of £231,000, reflecting a 30% discount.

Reasons for the decision

The applicant has been assessed and approved as meeting the First Homes national and local eligibility criteria. The Authority to Exchange and Compliance Certificate is required to enable the purchase to proceed in accordance with the First Homes scheme and the Section 106 Agreement relating to Land West of Tye Lane, Walberton dated 28 July 2022.

Alternative options considered

The alternative option would have been to refuse the application if the applicant did not satisfy the national or local eligibility criteria for the First Homes scheme. Following assessment, the applicant was found to satisfy the relevant criteria and approval was therefore granted.