A £30.28 million plan for Ealing Council to buy an entire block of 95 new homes under construction at the Bollo Yard development in South Acton is set to go before Cabinet on Thursday (9 July 2026).
The purchase would see all 95 new homes become available for social rent, helping to increase the supply of genuinely affordable housing in the borough.
The recommendation is set out in a report from Councillor Louise Brett, Ealing Council’s deputy leader and cabinet member for safe and genuinely affordable homes, written by Sally Rawlings, principal project manager (pre-construction).
If approved by Cabinet, Ealing Council will acquire the 95 homes at Block J/K of the Bollo Yard development on Bollo Lane from property developer Hurlington Capital. The report says the developer has already accepted the council’s offer.
The homes were originally intended as 49 London Affordable Rent properties and 46 shared ownership homes, but all 95 would instead become social rent. The block includes 27 one-bedroom homes, 60 two-bedroom homes and eight three-bedroom homes.
The report says the homes are being built within a single block that is 11 storeys at its tallest point and that there is no opportunity to alter the mix because construction has already commenced. Under the proposed deal, the building’s commercial space would be leased back to Hurlington Capital on a 999-year peppercorn lease.
The report says the agreed purchase price for the homes is £29.15 million, with the overall capital budget rising to £30.28 million once associated acquisition and project costs are included.
Ealing Council officers say this equates to around £318,700 per home, compared with an estimated average open market value of about £564,100 for similar new-build properties, which the report says represents value for money. Funding would come from a combination of Greater London Authority grant, Right to Buy receipts and borrowing. The new homes are proposed to be completed in Q1/Q2 2028/29.
The purchase would be the latest in Ealing Council’s programme of buying new-build homes in bulk from private developers. The council previously approved the purchase of 180 homes at Green Quarter in Southall in May 2025 and 110 homes at Acton Gardens in September 2025. If approved, the Bollo Yard acquisition would bring the total number of homes bought through the programme to 385.
The report says the proposal is intended to help address Ealing’s housing shortage and reveals that more than 3,000 families are currently living in temporary accommodation.
According to the council, there are around 5,932 applications on the housing register. Households waiting for a three-bedroom council home face an average wait of 10 years, rising to 13 years for a four-bedroom property. The average waiting time for a two-bedroom flat is six years.
The report also says affordable housing starts across London have fallen sharply in recent years, creating opportunities for councils to buy homes directly from developers.
Ealing Council officers recommend that Cabinet approves the purchase and say rejecting the proposal would mean missing the opportunity to increase the supply of genuinely affordable homes and rehouse families currently living in temporary accommodation.
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