FINANCE

Northampton undervalued housing stock by £86m

Northampton BC undervalued its housing stock by £86.7m, contributing to a delay of more than a year in completing its accounts.

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By Martin Ford | 31 January 2019

Northampton BC undervalued its housing stock by £86.7m, contributing to a delay of more than a year in completing its accounts.

An external audit by KPMG of the council's accounts for 2016/17 has this week finally been approved by councillors.

Martin Ford

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Martin Ford

Popular articles by Martin Ford

  1. Call to end 'ministerial churn' to improve housing delivery
  2. Government team to unlock stalled housing projects
  3. Call for council role in asylum housing
  4. Council issued SEND improvement notice for 'widespread failings'
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