Issue - meetings

To consider proposed amendments to the wording of the Section 106 Agreement for the above development.

The Committee considered a report regarding proposed amendments to the wording of the signed section106 agreement relating to the construction of 24 Dwellings on land adjacent to London Road, Nantwich.

Members’ attention was drawn to the fact that paragraph 2.1 of the report should read: ‘To agree to the amendment to the wording of a S.106 agreement attached to the above to enable 100% staircasing to the property known as 21 The Gatehouse, Nantwich.’

The section106 agreement referred to three affordable units which were subject to a shared ownership lease, whereby the occupier acquired a percentage interest in the unit and a rent was payable to the Housing Association on the remainder of the unit.  Occupiers of the affordable units in question had the right to acquire a greater interest in the unit by paying a percentage of the open market value of the property, but they were not permitted to staircase beyond acquiring a 90% share of that unit.

The joint owners of 21 The Gatehouse, Hastings Road, Nantwich had submitted an application to remove the 90% restriction on staircasing with respect to that property, thus allowing for outright ownership.

RESOLVED – That the application be DEFERRED to enable planning officers to provide further information regarding staircasing in shared ownership schemes.