Decision

To instruct legal to begin the conveyancing process to enable the sale of a shared ownership house at Plot 174 No. 12 Cranbrook Close, Patterdown, Chippenham, SN15
2GG. A lease will be entered into of 999 years at the price and on the terms set out.

Reasons for the decision

The above property has been delivered as Shared Ownership housing, the house has been sold in accordance with the Council’s Shared Ownership Advertising-Allocation Sales Process, on the following terms- see table in attached document.

The house will be sold on a leasehold basis, with the remaining unsold share being secured by means of the Homes England’s standardised Shared Ownership Lease, this is inclusive of a 10-year plus 2 LABC Housing Warranty cover, including insolvency cover.

The house is ready for the legal conveyance process to begin, with Exchange Dates to be agreed, as the conveyance process progresses.

This record of Officer Decision is required to authorise legal to draw up the necessary contracts and for the sale of the above house, to the said purchasers, on the said terms.

The shared ownership units available (8 in total) have been advertised and
interested parties assessed for financial suitability.

The FVA Shared Ownership assumption set out in 2024 is shown in the table in the attached document with the expected income to date from properties currently in conveyance, including the property being sought approval in this RoOD.

The purchaser has been confirmed as passing the Financial
Assessment by an Independent Financial Advisor on 02/09/2026 and passed the eligibility test for household income, less than £80,000.

Legal Services requires delegated authority from the Corporate Director for Resources to be able to seal and complete the lease for the above house.

The scheme has been advertised via Wiltshire Council comms channels from November 2025.

This property reached Practical Completion on 21 November 2025 and, as of the date of this Officer Decision Record, has been actively marketed for sale for 41 weeks, 6 days.

See the attached document for considerations in line with Wiltshire Council’s Constitution.

Alternative options considered

If this shared ownership house is not sold to the above party, the marketing process will begin again and other purchasers would need to be identified to go through the shared ownership processes.