Council meetings

Decision details

Right to Buyback Programme

Decision Maker: Mayor and Cabinet

Decision status: For Determination

Is Key decision?: Yes

Is subject to call in?: No




Having considered an open and a confidential officer report, and a

presentation by the Mayor, the Mayor and Cabinet agreed that:


(1) the purchase of up to 100 homes to let as London Affordable Rented

homes be approved utilising right to buy receipts and Housing Revenue

Account borrowing and to note that if GLA Right to Buyback grant is secured

this will replace the use of Right to Buy receipts;


(2) the purchase of up to 20 four bed homes for the Afghan Refugee

programme be approved utilising GLA Right to Buyback grant and General

Fund Borrowing, subject to securing GLA grant and the costs being contained

within the programme budget;


(3) authority be delegated to the Director of Inclusive Regeneration to approve

the purchase of individual properties, and associated administrative,

refurbishment or alteration/extension works costs for the Buyback Programme

subject to the costs being contained within the programme budget;


(4) authority be delegated to the Executive Director for Housing, Regeneration

 & Public Realm in consultation with the Executive Director for Corporate

Resources and Director of Law, Governance and Elections to bid for and

accept any local, regional or national financial grants to support the delivery of

the Buyback Programme;


(5) all properties acquired under the Buyback Programme will be added to

and managed by Lewisham Homes under the existing Management



(6) a stated budget from Housing Revenue Account (HRA) borrowing to

match fund Right to Buy (RtB) receipts of up to a stated sum be approved for

the 100 home buyback programme. The use of HRA borrowing and/or RtB

Receipts will reduce if GLA grant is awarded to support this Buyback

Programme; and


(7) a stated budget of General Fund borrowing for the 20 home Afghan

Refugee buyback programme be approved match funding GLA grant. If the

GLA grant is not awarded, for this element of the programme, the 20 larger

homes for families from Afghanistan, will be omitted from the programme

owing to prohibitive financial viability.


Publication date: 04/11/2021

Date of decision: 03/11/2021

Decided at meeting: 03/11/2021 - Mayor and Cabinet

Accompanying Documents: