Arch to sell home bought from ex-CEO

The house which Northumberland County Council-owned Arch bought from its then chief executive is up for sale.

Wednesday, 27th June 2018, 3:17 pm
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In January, it was reported that the development company, which has since been accused of financial irregularities, had bought a converted farm building near Morpeth from Peter McIntyre in July 2016.

The property at Hepscott Manor Farm is now being sold with a guide price is £400,000, slightly more than the £395,000 which Arch paid Mr McIntyre for the property on July 29, 2016, according to Land Registry records. Mr McIntyre was a director of Hepscott Manor Management Company, whose directors are the owners of the properties at the farm steading, between October 2013 and July 30, 2016.

Councillors are replace Arch with a new regeneration company, Advance Northumberland.

It was confirmed that the aim is to offload some assets, where value for the taxpayer can be maintained.

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Mr McIntyre was managing director and then chief executive of Arch from 2011 until 2017, but was not on the decision-making board. Attempts to contact Mr McIntyre for comment in January received no response.

He is now executive director of economy and place at Sunderland City Council. A council spokesman said: “The council does not comment on individual employees.”

Ben O’Connell , Local Democracy Reporting Service