Decision details

Purchase of land and buildings for the Housing Revenue Account – 8 Cardamon Close, Guildford, GU2 9GZ

Decision Maker: Joint Strategic Director - Community and Wellbeing

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No


To approve the purchase of:
8 Cardamon Close

(formerly owned by Guildford Borough Council).

The property will form part of the HRA stock and the purchase will be funded from the HRA.

Reasons for the decision:

The property is Equity Share and the Council owns the Freehold. The Lease when surrendered will merge back into the freehold title to increase the Council’s much needed housing stock.

Alternative options considered:

The decision meets the policy requirements for the Council and there were no alternative options available

Publication date: 15/05/2023

Date of decision: 15/05/2023