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Town Hall, Royal Tunbridge Wells, Kent, TN1 1RS

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Dear Debbie Connal

Re: FOI F11673

Thank you for your Freedom of Information request.

Please find below the response to your recent request. The information has
been provided by our Housing Team.

Response:

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.

Information not held

Q2.      Can you advise of weekly rents paid for the following?

1.         Temporary accommodation for homeless relief

There are different rent charges depending on the size of the property and
whether there are service charges for the properties.  Please see rent
ranges below:

Room - £137.27 p/w

Studio/One Bed Flat - £123.58 - £163.38 p/w

2 bed - £160.97 - £197.97 p/w

3 bed - £207.69 - £248.69 p/w

4 bed - £330.06 p/w

2.         Extra care housing (not including any service charge elements,
just the core rent) – we do not hold this information

3.         Housing / Beds for adults with complex needs – we do not hold
this information

Q3.      Does the council own any land or disused buildings that they
would be prepared to sell and or re purpose? Information not held

I hope this information is helpful.  If you are dissatisfied with the
information provided or the way in which we have dealt with your request,
you can request a review.   Please write to Mid-Kent Legal Services, Town
Hall, Royal Tunbridge Wells, Kent, TN1 1RS or via e-mail to
[1][email address] requesting a review of the decision.

We will aim to deal with your request within 20 working days. If you
remain dissatisfied following our review, you can then appeal to the
Information Commissioner.

Yours sincerely

FOI Team

T: 01892 554077

E: [2][Tunbridge Wells Borough Council request email]

Town Hall, Royal Tunbridge Wells, Kent, TN1 1RS

[3]www.tunbridgewells.gov.uk

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