Highland Council, GB reinforces affordable housing stock with home purchasing program
Highland Council, GB Home Purchasing Program Housing Stock
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.
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Highland Council launches new scheme to halt second home Airbnbs | Scottish Housing News
The Highland Council has launched a new scheme which will buy up properties in the area to prevent second-home owners letting out their homes on Airbnb.
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Local authority takes action, saying soaring house prices and short-term lets are stopping locals getting on the property ladder
Project Succeeded
Highland Council received interest from 130 homeowners and purchased 40 homes since January 2022.
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