North Lanarkshire Council's home purchase scheme extension could allow sellers to stay put

dailyrecord.co.uk:

A home buying scheme in North Lanarkshire which is allowing the local authority to provide more homes for rent is being extended.North Lanarkshire Council’s open market purchase scheme, which is supported by the Scottish Government, has delivered 562 extra council homes for rent since its launch in April 2018.The successful scheme is being extended with some sellers being able to remain in their homes and become council tenants.The Lanarkshire Live app is available to download now.

Get all the news from your area – as well as features, entertainment, sport and the latest on Lanarkshire’s recovery from the coronavirus pandemic – straight to your fingertips, 24/7.The free download features the latest breaking news and exclusive stories, and allows you to customise your page to the sections that matter most to you.Head to the App Store and never miss a beat in Lanarkshire - iOS - Android It enables the purchase of properties that are for sale on the open market, which are generally former council houses purchased under right to buy.A recent expansion now enables owners in blocks of flats, where all other flats are already owned by the council, to potentially sell their home to the council and remain in their home as a council tenant.This will make it easier for the council to progress investment works for the benefit of all living in the block.Councillor Allan Stubbs, convener of housing said: “The open market purchase scheme which is supported by grant funding from the Scottish Government, has enabled the council to increase its housing stock and provide additional homes for people in our communities.“Our new administration is committed to supporting those most in need within our communities.