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¾ÅÐãÖ±²¥ and Bute Buy Back Initiative

¾ÅÐãÖ±²¥ is committed to addressing the acute shortage of affordable housing across the council area. The Buy Back Scheme aims to acquire housing to increase the social housing stock in ¾ÅÐãÖ±²¥ and Bute. This will help to maintain viable, sustainable communities.

HOME¾ÅÐãÖ±²¥ Housing Associations are inviting owners of houses, bungalows and flats who are seeking to sell their properties to offer HOME¾ÅÐãÖ±²¥ Housing Associations the opportunity to purchase these properties. Although, it is important to stress that HOME¾ÅÐãÖ±²¥ Housing Associations will not be able to purchase all of the properties that are offered. Properties will normally be ex-council, but other properties may be considered in some circumstances.

A property will be considered if it meets the following criteria. 

  • There is demand for the type and size of property in that area.
  • The combined cost of buying the property and bringing it up to letting standards would represent value for money.
  • Properties, where a tenant would have to leave the property to enable a sale, cannot be considered.

Priority will be given to purchasing properties which would enable HOME¾ÅÐãÖ±²¥ Housing Associations to take complete, or majority, ownership of blocks of flats making communal repairs much easier to complete.

If you would like further information on the scheme contact:  housingadmin@¾ÅÐãÖ±²¥-Bute.gov.uk

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