Decision
Ex-Right-to-Buy Property Buyback 18 Redstart Close, New Addington, Croydon, CR0 0EU
Decision Maker: Corporate Director of Resources (Section 151)
Outcome: Recommendations Approved
Is Key Decision?: No
Is Callable In?: No
Date of Decision: June 17, 2025
Purpose: This report seeks the Corporate Director of Resources & S151 Officer’s approval to acquire an Ex-Right to Buy property, 18 Redstart Close, New Addington, Croydon, CR0 0EU. The property is a ground floor 2-bedroom flat. It meets the requirements of the Property Purchase Project, to acquire ex-Right to Buy and Private Street properties in the London Borough of Croydon. The project’s objective is to acquire a minimum of 300 (2, 3, and 4+ bedroom) properties over a 3-year period 2024-2027. This will enable the Council to meet the corporate priority to increase the supply of Temporary Accommodation, provide decant properties for Regina Road tenants and replacement properties for tenants occupying the Croylease (PRS) scheme.
Content: For the reasons set out in the Report (Part A) and Part B Report and Appendices, the Corporate Director of Resources & S151 Officer AGREED: To agree the purchase of 18 Redstart Close, New Addington, Croydon, CR0 0EU on the terms detailed in the Part B report.
Supporting Documents
Related Meeting
Audit & Governance Committee - Tuesday, 29th July, 2025 6.30 pm on July 29, 2025