Decision

The Assistant Director has decided to purchase a 1-bedroom flat in Wisbech for £70,000.

Analysis

outcome: The purchase of the property was approved.

summary: The decision is to purchase a 1-bedroom flat at 12 Church Mews, Wisbech, PE13 1HL for £70,000.

topline: The Assistant Director has decided to purchase a 1-bedroom flat in Wisbech for £70,000.

reason_contentious: This issue is not contentious as it falls within the remit of what was previously approved by the Cabinet.

affected_stakeholders: ["Council", "Residents of Wisbech"]

contentiousness_score: 0

political_party_relevance: There are no mentions or implications of political parties or political influence on the decision.

URL: https://www.fenland.gov.uk/localgov/ieDecisionDetails.aspx?ID=1006

Decision Maker: Assistant Director

Outcome:

Is Key Decision?: Yes

Is Callable In?: Yes

Purpose:

Content: Following Cabinet approval on 15th November 2024 which authorised approval to purchase 10 x 1-bedroom properties utilising £1.2 million from reserves.   This officer decision notice is to record the decision to complete the purchase of a 1-bedroom flat at 12 Church Mews, Wisbech, PE13 1HL   Decision Taken The purchase of this property in accordance with cabinet approvals at a purchase price of £70,000   I am permitting that we buy this property for the purchase price of £70,000 for the following reasons:   ·         I have looked at the documentation supplied as part of the sale including: o   Valuation Report. o   Solicitor’s Report, o   Form of contract and transfer   ·         I am satisfied that the purchase falls within the remit of what cabinet approved including: o   It is within the financial thresholds of the confidential appendix. o   The location of the property o   The view of Investment Board   N/A

Date of Decision: August 27, 2025