Under what conditions and subject to what constraints would the Council allow other investors to take an interest in Homes for Lambeth?
The Council will own all the shares in Homes for Lambeth. There will, however, be the potential for Homes for Lambeth to create subsidiary companies. These could be joint ventures in which the equity could be shared with a third party. The Council would consider doing this so, for example, we can use Right to Buy Receipts to build more and better homes.
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