Key guarantees for homeowners
If you, as a resident homeowner, wish to continue to live on your new estate, you will be given the opportunity to do so. You will be offered a range of options depending on your personal financial circumstances.
If you, as a homeowner, do not wish to live in a home on the newly built estate, you will have to sell your home to the council for market value (plus home loss compensation) after an independent valuation and make your own new housing arrangements. (This Guarantee is the only option available to non-resident homeowners.)
The valuation of your property will be independent and based on market values and you will be compensated for having to move home.
The council will provide you with help to enable your move, with additional support offered to you if you have special needs or a disability.
The council will provide you with advice and information to help you make informed decisions about your future housing.
If you choose to stay on your current estate, you will be able to get involved in the design of the new homes and the estate as a whole and influence decisions around the phasing of building new homes and the construction works.
If you choose to stay living on your estate and if you require adaptations because you have a disability (or a member of your household has) you will be able to have these adaptions made to your new home.
You can find out more at engage.homesforlambeth.co.uk/key_guarantees