Decision details

Approval of Authority to Exchange and Compliance Certificate for the purchase of Plot xx, xx Long Lakes Way, Ferring, Worthing BN12 6xx under the First Homes scheme for Miss xx.

Decision Maker: Group Head of Housing, Wellbeing & Communities

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

The Authority to Exchange and Compliance Certificate has been issued for the First Homes property at Plot xx, xx Long Lakes Way, Ferring, Worthing BN12 6xx, for the applicant Miss xx. The purchase price for the property is £163,800, following a 30% discount on the market value of £234,000. The anticipated date for the exchange of contracts is 14 March 2025, and completion is expected by 28 March 2025.

Reasons for the decision:

Miss xx meets the national and local eligibility criteria for the First Homes scheme, as per the Section 106 agreement related to planning permission A/168/21/PL and the Unilateral Undertaking between Redrow Homes and Arun District Council dated 14 July 2022. The eligibility has been confirmed through documentation submitted by the applicant, and the transaction complies with all necessary regulations and requirements under the First Homes programme.

Alternative options considered:

No alternative options were considered, as the applicant meets all eligibility criteria and complies with the terms of the First Homes agreement.

Publication date: 15/04/2025

Date of decision: 11/03/2025

Accompanying Documents: