Issue details - Park Royal – leasehold enfranchisement

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Issue details

Park Royal – leasehold enfranchisement

The report has two main themes:
1. Information: Notification that, upon completion of the transaction, the freehold will pass from BHCC to a leaseholder company, the leaseholders having invoked the legal leasehold enfranchisement process.
2. Decision: the report recommends that, for reasons of efficiency and service delivery standards, the remaining 24 tenanted flats be sold on the open market as and when they become available, reinvesting the capital receipts in the provision of new affordable housing.

Decision type: Non-key

Decision status: Recommendations Approved

Wards affected: Regency;

Notice of proposed decision first published: 07/04/2014

Decision due: 30 Apr 2014 by Housing Committee (pre 2015)

Lead member: Chair of the Housing & New Homes Committee

Lead director: Executive Director for Environment, Development & Housing

Contact: Email: simon.pickles@brighton-hove.gov.uk Tel: 01273 292083.

Decisions

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  • Park Royal – leasehold enfranchisement  

 


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