Homeowners

The council has purchased home owners' properties in ‘Little Bradenham’ (numbers 1-41), and Red Lion Close (numbers 1-12). We have also contacted leaseholders in the retail units in Westmoreland Road to discuss buyingback their leasehold interests and how we can assist them.

We will be purchasing the rest of homeowners properties in the sequence that they will be demolished. We will however have some capacity to buyback priority homeowners through voluntary schemes.

The main aspects of the home owners policy for Aylesbury residents:

— Home owners will be entitled to the open market value of the property and either a home loss payment of 10% or a basic loss payment of 7.5%.
— Home loss is paid where the owner has lived at the property for at least one year prior to the date of acquisition. Basic loss is paid where the owner does not live at the property, and has owned it for more than one year.
— Home owners will also be reimbursed by the council for costs associated with the move. These are known as disturbance costs.

For full details download a copy of the homeowners kit

Download the Home owners rehousing toolkit