Highland Council, GB reinforces affordable housing stock with home purchasing program
Highland Council, GB Home Purchasing Program Housing Stock
Complete
Residents can sell their homes to the council for up to £180,000 with higher prices in special cases. Participating sellers benefit from waived estate agent fees and home report requirements. Highland Council approved the program because these purchases are less expensive than building new homes in current economic conditions. Local officials also want to discourage home purchases intended for short-term rentals, thus addressing steady increases in rental costs.
Project Succeeded
Highland Council received interest from 130 homeowners and purchased 40 homes since January 2022.
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