The Open Market Purchase Scheme allows North Lanarkshire Council to purchase privately owned properties, addressing housing needs in specific areas.
Scheme summary
The Open Market Purchase Scheme allows us to buy homes in areas where there is demand for that type and size of property.
Through the Scheme, we can also bring empty properties back into use that have been lying empty or derelict for a considerable period of time.
If you are a private, registered landlord in a high-demand area, we are able to consider your property, with your private tenant remaining in the property as a council tenant upon purchase.
If you are the last private owner in a block of flats, where all other flats are owned by the council, we may be able to buy your property from you, with you remaining in the property as a council tenant.
Benefits of applying through the Open Market Purchase Scheme
No:
- estate agent fees
- chain
- viewers - only one visit from a surveyor
- need to decorate for selling
- obligation to accept if we make an offer
- home report is required (a home report must be submitted for landlord applications)
How it works
This scheme enables the purchase of properties by North Lanarkshire Council, some of which are often former council houses purchased through the Right to Buy.
Here is the main criteria we consider:
- We look for properties where there is demand for that type and size in the area
- The total cost of buying and making the property ready for rent should offer value for money for the council
- Buying the property should help the council take full or majority ownership of flatted blocks, making repairs easier
- The property might meet specific needs not available in current council stock, such as homes suitable for people with disabilities
- The property should be empty and sold with vacant possession (unless the applicant is a landlord / last owner)
- Sellers must have made their own arrangements for re-housing (unless the applicant is a last owner)
How to apply
Please complete the Open Market Purchase Scheme online application form (below).
The information you provide us with will be used to assess your application. We will then contact you to let you know if your property meets the criteria.
If you are unable to complete our online form please email CouncilBuyBack@northlan.gov.uk