In exceptional circumstances, the Council is able to buy back a few properties prior to a Cabinet Decision. On the whole, however, no purchases will be made until Cabinet has confirmed the future of an estate and determined whether redevelopment will take place.
The Council currently has produced the Key Guarantees for homeowners. The Key Guarantees would apply to you if your home is proposed for demolition as part of any redevelopment of your estate and become applicable once a Cabinet Decision has been made on the future of your estate. One of the Guarantees available to homeowners is the opportunity to sell their property to the Council ahead of any redevelopment, should they wish to move away from the estate prior to the regeneration starting. This sale would be at market value and would include the Homeloss payment.
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