The
Portfolio Holder AGREED to the following policy
changes:
- To stop selling homes
from the rented stock as equity share other than those designated
for this purpose by the Council e.g. where properties are being
sold as shared ownership as part of a refurbishment
project.
- To encourage and
facilitate applicants with the necessary financial resources to buy
from the available pool of existing equity share properties for
sale. This will include properties that have been bought back by
the Council and those properties that are for sale directly by
existing equity shareholders.
- If applicants have a
need to be in a particular village they may bid for a property
using the Homelink Choice Based Lettings route and will be assessed
in accordance with Homelink policies. The existing lettings policy
already has conditions that limit the chances of those who have the
resources to access open market housing from being granted a social
rented tenancy.
- Successful bidders
will only be allowed to rent a property they have successfully bid
on if there are no equity share properties that they are able to
buy currently for sale in that village or the nearby
villages.
This
policy will come into effect as soon as practically possible and no
later than 1 April 2012.