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On February 2020, the Cabinet gave authority
for the Director of Community
Development to acquire 58 properties for this Scheme.

On 15 September 2020 Cabinet authorised the Director of Community
Development to
purchase up to 139 properties on the open market, to be used to
provide temporary
accommodation. The reason for this decision is set out in the
associated report.

8 Sir Alexander Road, London, W3 7JG
has been identified as a suitable property which meets the
requirements set out in the
relevant report. Colleagues in Finance have been consulted
regarding the proposed
acquisition and have advised that it meets the agreed financial
parameters and terms of
delegation and there is sufficient resource available within the
agreed funding
arrangements to proceed. This was confirmed in correspondence with
the Finance Lead,
Gary Ironmonger, on 25/07/2024
I have been advised that the valuation in the attached confidential
appendix is an accurate assessment of the market value of the
property given its specific characteristics and where applicable
any leasehold interest is for a term of at least seventy
years.

In considering the proposal to purchase this property I have had
regard to section 208(1) of the Housing Act 1996. This provides
that so far as reasonably practicable a local housing authority
shall in discharging their housing functions under Part 7 of the
Act secure that accommodation is available for the occupation of
the applicant in their district.

I have also been informed that no officer involved in the proposed
acquisition has any personal interest or connection with the vendor
of the property.