Issue - meetings

To submit a report by the Head of Housing Services.

It was resolved to approve giving the Housing Service the right to move on to buy 10 new houses in Stad Parc y Coed, Llangefni on the terms specified within the report which will be available for local residents to rent, based on the Housing Service’s intermediate renting terms as affordable homes in response to the local housing challenge.

The report of the Head of Housing Services which sought the Executive’s approval for the Housing Service to move on to buy 10 new houses in Stad Parc y Coed, Llangefni was presented for consideration. The properties would be available for local residents to rent based on the Housing Service’s intermediate renting terms as affordable homes in response to the local housing challenge.

The Head of Housing Service provided background information about the Parc y Coed Estate which is a private housing development that includes over 100 new homes a third of which have already been built and bought. Under the terms of the planning consent for the development, a Section 106 condition required that a percentage of the development include affordable housing. The Council has already bought 12 affordable homes on the estate with phase 4 of the development soon to commence which will include 10 extra affordable homes which have been offered to the Council. Subject to the Executive’s approval, the Council will need to enter into an agreement with the developer to build the 10 properties the intention being that they be made available for rent on an intermediate basis as affordable homes it being considered that as most social rent houses in Llangefni are currently being built by housing associations offering other forms of tenancies to local residents would be the best way of meeting the local housing need. The scheme is considered viable having been assessed against the financial model adopted by the Council for assessing the financial viability of new housing developments and it complies with the Council’s guidelines for developing new houses.

The Executive’s members in considering the proposal asked that all such reports include information about the housing mix so that there is clarity about the type of units being purchased as well as confirmation that the houses will be built to the Council’s low carbon/energy efficiency standards.

It was resolved to approve giving the Housing Service the right to move on to buy 10 new houses in Stad Parc y Coed, Llangefni on the terms specified within the report which will be available for local residents to rent, based on the Housing Service’s intermediate renting terms as affordable homes in response to the local housing challenge.