You can still make a Right to Buy (RTB) application when an Initial Demolition Notice is in effect on your home, but the sale process will be suspended until either a Final Demolition Notice has been served or the Initial Demolition Notice has lapsed. The Council needs to issue the Initial Demolition Notice to allow the regeneration scheme to build more and better homes to continue.
If you have established a valid claim to exercise the Right to Buy before an Initial Demolition Notice is served, you have 3 months in which to claim compensation for reasonable expenditure connected with the conveyancing process, such as legal or survey fees.
If you move to a new home built by Homes for Lambeth on the estate, you would not have the Right to Buy under the Lifetime Assured Tenancy. This is because Homes for Lambeth can’t give Secure tenancies.
However, if you move to an existing Council property off the estate, your secure tenancy would include the Right to Buy unless for example the home you move to is exempt, for example sheltered accommodation. As the Key Guarantees are in effect you can bid for properties via the choice based lettings system with the highest ‘Band A’ priority status.
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