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Question by:
Peter Fortune
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Meeting date:
18 January 2024
Peter Fortune AM: Thank you, Chair. I just wanted to come in off the back of Assembly Moema’s question. Undoubtedly, housebuilding and supply is a key issue right across the capital. There are a couple of things I want to understand with the CHAP. The top limit is about £200,000 per property that a council can bid for, which is presumably up to about 50 per cent of the value. The councils that sign up to the scheme are limited in buying properties within their own borough. Is that correct?