URL: https://moderngov.lambeth.gov.uk/ieDecisionDetails.aspx?ID=10150

Decision Maker: Deputy Leader of the Council (Housing, Investment and New Homes)

Outcome:

Is Key Decision?: Yes

Is Callable In?: Yes

Purpose: Decision to authorise the expenditure of up to £4m of Right to Buy receipts, due to expire in March 2026, for spot purchases of properties on Council-owned estates to increase the supply of affordable housing.

Content: 1.            To approve the use of up to £4m of Right to Buy receipts for the acquisition of leaseholder properties on estates we already own and manage from the open market, by the end of March 2026.  

Date of Decision: February 23, 2026