Home Owner Issues
1) Value of existing property. Is regeneration depressing house prices on these estates, and, if so, how will home owners get the value they should from their homes?
2) Value of replacement properties. At the Tinkers Bridge meeting of 27 April 17, a scheme of partial ownership for replacement properties was outlined, where the price difference between the value of a demolished property and the replacement would be not owned, with no cost to the householder, but that percentage reclaimed on sale of the property. More details of the scheme are required.
3) Right to Buy. This scheme continues, but it is not clear how regeneration affects the condition of not selling the property for 5 years.
4) Property sizes. Comparison is needed on not just the internal area, but how useable is the area, and how much garden space is changed.