Surrey to pause out-of-county purchases

By Hiba Mahamadi | 03 May 2019

Surrey CC has paused making property purchases outside the county amid ongoing furore that councils are taking on too much risk by developing extensive portfolios.

Senior councillors have decided they will focus on developing vacant buildings within the county to address residents’ concerns that these sites are not contributing to the council’s financial health.

Want full article access?

Receive The MJ magazine each week and gain access to all the content on this website with a subscription.

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.


Already a subscriber? Login

Housing Commercial investment Austerity