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Residential Acquisition Officer
| Posting date: | 24 January 2025 |
|---|---|
| Salary: | £31,067 to £35,235 per year |
| Additional salary information: | Exceeds National Minimum Wage |
| Hours: | Full time |
| Closing date: | 22 February 2025 |
| Location: | Civic Offices, PO12BG |
| Company: | Portsmouth City Council |
| Job type: | Temporary |
| Job reference: | pcc/TP/723/244 |
Summary
Based in the Civic offices, the purpose of a Residential Acquisition Officer is to:
1. Support the Housing Asset & Valuation manager with residential property acquisitions specifically for use as Temporary Accommodation.
2. Identify suitable properties for acquisition and assess whether it fits the eligibility criteria.
3. Instruct and review open market valuations in accordance with the RICs Red Book of Global standards.
4. Negotiate sales price as required, insuring value for money for the Council.
5. Compile a financial appraisal to establish the viability of the acquisition.
6. Prepare offer letters to vendors, and legal instructions upon receipt of acceptance of offer.
7. Review legally binding documents that make up the draft contract pack.
8. Prepare 'point of sale' statements for Legal Services.
9. Bring properties back into the Northgate and stock database systems; ending lease contracts, reconciling ended service charge accounts and reserve funds against completion statements from Legal Services/acting solicitors.
10. Any other directorate wide project/tasks as required.
Skills:
We are looking for somebody who:
1. Has a high level of customer service experience, this is essential for the role.
2. Is confident in their verbal and written communication, with strong, negotiation and analytical skills.
3. Experience of interpreting legislation, contract & lease agreements.
4. Can work accurately to a high standard and level of detail, with the ability to analyse and interpret large amounts of data and report writing.
5. Experience of managing external suppliers, raising purchase orders, and paying invoices.
6. Has financial awareness with the ability to recognise and achieve value for money working within budgetary restraints.
7. Is competent using a variety of IT systems such as databases, financial management systems, Excel, and other Microsoft Office applications.
8. Has the ability to work in accordance with the 'Ways of Working' as described above.
1. Support the Housing Asset & Valuation manager with residential property acquisitions specifically for use as Temporary Accommodation.
2. Identify suitable properties for acquisition and assess whether it fits the eligibility criteria.
3. Instruct and review open market valuations in accordance with the RICs Red Book of Global standards.
4. Negotiate sales price as required, insuring value for money for the Council.
5. Compile a financial appraisal to establish the viability of the acquisition.
6. Prepare offer letters to vendors, and legal instructions upon receipt of acceptance of offer.
7. Review legally binding documents that make up the draft contract pack.
8. Prepare 'point of sale' statements for Legal Services.
9. Bring properties back into the Northgate and stock database systems; ending lease contracts, reconciling ended service charge accounts and reserve funds against completion statements from Legal Services/acting solicitors.
10. Any other directorate wide project/tasks as required.
Skills:
We are looking for somebody who:
1. Has a high level of customer service experience, this is essential for the role.
2. Is confident in their verbal and written communication, with strong, negotiation and analytical skills.
3. Experience of interpreting legislation, contract & lease agreements.
4. Can work accurately to a high standard and level of detail, with the ability to analyse and interpret large amounts of data and report writing.
5. Experience of managing external suppliers, raising purchase orders, and paying invoices.
6. Has financial awareness with the ability to recognise and achieve value for money working within budgetary restraints.
7. Is competent using a variety of IT systems such as databases, financial management systems, Excel, and other Microsoft Office applications.
8. Has the ability to work in accordance with the 'Ways of Working' as described above.