Affordable housing planned for West Wight Middle School site

Council to consider special purchaser status for housing association and their plans for former school site

West Wight Middle School

The former West Wight Middle School site is the subject of a delegated decision report issued yesterday by the Isle of Wight council.

The paper seeks approval for the council to negotiate with Spectrum Housing Group (SHG) as a special purchaser for the council’s landholding at the former school site in Freshwater.

Cabinet member for Economy, Cllr George Brown is being asked

To agree to treat with SHG as a special purchaser for the former West Wight Middle School site to enable the provision of affordable housing as set out in this report, subject to a further report to confirm that the council is achieving best consideration for the disposal.

69 per cent of affordable homes
The paper goes on to say that Spectrum plan to “provide 69 per cent of affordable homes at this site rather than the 35 per cent required by planning policy, potentially securing £1,093,455 of Homes & Communities Agency (HCA) funding for the benefit of providing affordable housing on the Isle of Wight, as well as providing a range of other additional benefits to the Island both during construction and into the future”.

Full details in the paper embedded below for your convenience.




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Thursday, 6th December, 2012 10:16am

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ShortURL: http://wig.ht/2aiR

Filed under: Education, Freshwater, Isle of Wight Council, Isle of Wight News, School Reform, Top story, West Wight

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6 Comments

  1. sam salt's comment is rated +2 Vote +1 Vote -1

    6.Dec.2012 5:38pm

    Why isn’t this going on the open market? If they can do this with this site then why not let Ventnor Town Council take on the Coastal Centre on the same terms – eg discounted.
    I wonder if there is some relationship between Spectrum and the IWC.

    Reply
  2. Victor Meldrew's comment not rated yet. Add your vote Vote +1 Vote -1

    6.Dec.2012 6:40pm

    There’s no conspiracy! The discounted purchase price would be the councils contribution that would allow Spectrum to meet what is known as the TCI (Total Cost Indicator) which must not exceed an limit set by Homes and Community Agency. Meeting the TCI allows Spectrum to attract the capital from governent to allow the development.

    Reply
  3. sam salt's comment not rated yet. Add your vote Vote +1 Vote -1

    6.Dec.2012 7:05pm

    VM you may be right, I am no expert but there is disquiet amongst some on the Island about this deal.

    Reply
    • No.5's comment is rated +3 Vote +1 Vote -1

      6.Dec.2012 7:22pm

      I think, generally, anytime this awful council make a delegated deciscion is is greated with mistrust…none of them are qualified to make such deciscions

      Reply
  4. cynic's comment is rated +1 Vote +1 Vote -1

    6.Dec.2012 7:39pm

    Another “Delegated Decision” in favour of Spectrum Housing Group?

    Will this one also be accompanied by a “No Call-In” decision due to the urgency of resolving external pressures in securing “funds from National Affordable Housing Programme by our partner Spectrum Housing Group”, as was the case with Pan Estate?

    How many of the 254 affordable homes planned for Pan Estate by 2013 have actually been built and occupied?

    Reply
    • Hermit's comment not rated yet. Add your vote Vote +1 Vote -1

      7.Dec.2012 8:13am

      I’m surprised it’s gone to Spectrum as they don’t have any properties over West Wight, it’s all Southern Housing stock.

      Reply

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