Housing Query

The request was partially successful.

Dear Wirral Metropolitan Borough Council,

Q1. We are looking to find out if the council has done either of the models below for housing.

• Sale and Leaseback – Leaseback, short for "sale-and-leaseback", is a financial transaction in which one sells an asset and leases it back for the long term; therefore, one continues to be able to use the asset but no longer owns it.

• Income Strip – At its simplest, an income strip investment combines a strong tenant covenant, with a long-term lease and a forward funding arrangement to give an investor a stable and secure income stream. The strong tenant covenant frequently comes from the public sector such as local councils, and the long-term lease often runs between 30 and 50 years.

Q2. Can you advise of weekly rents paid for the following?
1. Temporary accommodation for homeless relief
2. Extra care housing (not including any service charge elements, just the core rent)
3. Housing or beds for adults with complex care needs

Q3. Does the council own any land or disused buildings that they would be prepared to sell and or re purpose?

Yours faithfully,

Debbie Connal

InfoMgr, FinDMT,

 

Dear Debbie Connal

 

Please see below Wirral Council’s response to your recent Freedom of
Information enquiry.

 

Q1 – No we do not have any sale and lease back or income strip housing
properties.

 

Q2 – weekly rents paid by Wirral Council for temporary accommodation for
homeless relief: Financial year 2022/23 = £26,207.00 per week

 

Q3 – The council does own land or disused buildings that may be sold and
or re purposed, although this would need to follow the Council’s own
decision making processes.

 

Yours sincerely

 

 

Lynette Paterson

Principal Information Management Officer

Resources – Digital and Improvement

Wirral Council

PO Box 290
Brighton Street
Wallasey
CH27 9FQ

 

Email: [1][Wirral Borough Council request email]

 

Visit our website: [2]www.wirral.gov.uk

 

 

 

 

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References

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1. mailto:[Wirral Borough Council request email]
2. http://www.wirral.gov.uk/