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Medway Council Approves £46 M Purchase of 791 Homes

4/28/2026

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Story summary
  • Medway Council approved buying 791 homes for £45.95 million from a departing social-housing provider.
  • Council leaders pushed the deal forward despite opposition councillors warning of funding details and borrowing risks.
  • The Labour-run council voted to approve the plan at a meeting on Thursday after an earlier cabinet endorsement.
  • A Conservative amendment to delay the decision was defeated, prompting referral to an overview and scrutiny committee for questioning of the borrowing arrangements.