Decision details

Decision details

Programme Delivery Transfer - Purchase flat 1, 45 Wytham Street, Oxford, OX1 4TR for a total purchase price of £195,000 to the LAHF 3 programme instead of the RRTBR 25/26 programme

Decision Maker: Deputy Chief Executive – City and Citizens’ Services

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

To purchase flat 1, 45 Wytham Street, Oxford, OX1 4TR for a total purchase price of £195,000 to the LAHF 3 programme. It was envisaged that the property would be funded under the RRTBR 25/26 programme however due to the requirement to acquire a minimum of 5 units for the LAHF 3 programme it is necessary to change the programme through which this property will be acquired.

Decision:

The Deputy Chief Executive decides as follows:

To approve the purchase of flat 1, 45 Wytham Street, Oxford, OX1 4TR for a total purchase price of £195,000 to the LAHF 3 programme to meet the Council’s requirement to acquire a minimum of 5 units for the LAHF 3 programme.

Reasons for the decision:

It is necessary to acquire flat 1, 45 Wytham Street, Oxford, OX1 4TR for a total purchase price of £195,000 to the LAHF 3 programme, instead of the RRTBR programme to meet the Council’s requirement of 5 new homes as part of the LAHF 3 programme. Reference to the relevant cabinet delegation for this has been made in the source of delegation section of this form. The original decision on 12 August 2025 to acquire the property via RRTBR 25/26 has also been provided under background documents. The delegation to acquire property under the RRTBR 25/26 programme has also been included for reference.

 

Publication date: 30/10/2025

Date of decision: 30/10/2025

Accompanying Documents: