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    The Royal Borough of Kensington and Chelsea have assigned £10m to fund the purchases of high quality homes for temporary accommodation. monopoly_house_and_money.jpg

    The council anticipates the purchase of up to 39 properties, with 27 two-beds and 12 three beds, reports 24dash.

    Due to the growing number of households in temporary accommodation the council is considering locations including London, the M25 and southern counties.

    Cllr Nick Paget-Brown, the Leader of the Royal Borough, said: “The reality is we are facing a great shortage of properties in which to house those in greatest need. The pool available to us in the private sector is falling, and with the number of homeless households on our list rising, we believe purchasing our own stock is the right strategy to not only increase supply but contain costs.  In an ideal world we would like to buy properties in Kensington and Chelsea, but the numbers simply don’t stack up.  In reality we could only buy a handful of homes here, but by looking further afield we can purchase significantly more, making a huge difference to those on our waiting list.” 

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    July 20, 2015 by Laura Matthews Categories: Housing And Benefits

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