Public Works Loan Board Application

At the special meeting of Daventry Town Council held on Monday 2nd March 2020, it was resolved to seek approval from the Secretary of State for Housing, Communities and Local Government to apply for a PWLD Loan of £350,000 over the borrowing term of 20 years for the remedial work, legal fees and purchase of 3 New Street, Daventry. It is not intended to increase the council tax precept for the purpose of the loan repayments.

If you have any views or opinions you wish to feed in, please contact the parish council direct.

Details relating to the application can be found below.

A solicitor has been appointed to complete the purchase and we are now awaiting on the decision from the public works loan board on the application submitted to borrow money to facilitate the purchase.