Voluntary early moves for Winstanley and York Road leaseholders and freeholders
If you are a resident or non-resident leaseholder or freeholder whose property is in one of the 13 blocks due for development, we are now a willing purchaser of your property.
We will be purchasing the properties of both resident and non-resident owners at the market value price at any time up to the start of, and during, the regeneration project.
We will arrange for a valuation of your property through our agent Carter Jonas, and we will offer the market value plus the compensation package - as set out in the leaseholder and freeholder rehousing booklet.
The compensation offer states the following conditions:
Resident homeowners will be offered:
- A 10% home loss payment (up to a maximum of £64,000)
- Reasonable costs associated with moving home, selling your existing property to us and purchasing a new home. The replacement property should be purchased within a year of the sale to us
Non-resident homeowners will be offered:
- A 7.5% basic loss payment (up to a maximum of £75,000)
- Reasonable costs associated with the purchase of a new property in the UK. The replacement property should be purchased within a year of the sale to us
If you would like to move early
If you are interested in selling your property at an early stage, please contact us and we will arrange for your property to be valued.
The offer of a shared equity home in the new development is for existing resident leaseholders and freeholders only and will not be available to homeowners selling to us early, or to non-resident property owners.