Issue details

Loan to Mercury Land Holdings for the acquisition of an intended market rental scheme.

Decision type: Non-key

Decision status: For Determination

Notice of proposed decision first published: 21/03/2016

Exempt information notice

It is anticipated that this report will contain information which is exempt from publication and during discussion of this information the public may be excluded from the meeting. View the reasons for the exemption

Representations on exempt information

If you wish to make representations that the public should not be excluded from the meeting during discussion of this item please write to Democracy Services Manager stating the reasons why you think the discussion should be held in public

Contact: Email: mike.board@havering.gov.uk.

Consultation process

Consultation will take place through the shareholder board meeting.

Consultees

Leader, lead member for Housing Company Development and oneSource Management

 

Documents

  • Mercury Land Holdings was set up to build and acquire properties to rent on the open market, are market value to enable the Council to protect overcrowding of accommodation, and to provide good quality accommodation to the market, whilst delivering a financial return to the Council.