This scheme enables a tenant of a local authority house, with at least 12 months tenancy, to purchase the house outright. Most Local Authority houses can be bought with the exception of houses provided for and occupied by elderly people. The price of the house will be its market value, as determined by the local authority, less any discounts. The structural condition of the house will be taken into account and any increase in the market value due to the improvements you made will be disregarded in calculating the price. You will be allowed a discount (currently 3% per annum) of the value of the house for each year of tenancy of a local authority house.
The following criteria applies:
If you disagree with the local authority's valuation of your house, you can
appeal it by getting a valuation certificate from a qualified valuer. If there
is a significant difference between the local authority's original valuation
and the valuation submitted by you, then the local authority will refer it
to the Valuation Office.
The Council is under no obligation to put any dwelling being purchased into
good structural condition prior to sale.