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Cash to Leave Scheme

Would you be interested in buying a property? You may be eligible for the Cash to Leave Scheme.

 

Cash to Leave Scheme

West Lancashire Borough Council has a limited supply of family sized accommodation when compared with the demand expressed by our Council House Register. The main need is for family houses of two bedrooms or more. The Council has therefore adopted a Cash to Leave Scheme in order to free up these properties.

 

Under this scheme, council tenants who are giving up these types of accommodation are eligible for a cash payment towards the purchase of a property on the open market that meets their household needs.

 

Incentive payments

A Cash to Leave incentive payment of up to £20,000 will be paid to bridge the gap between what you can afford to borrow and the cost of a property of the size and type that is appropriate for your household. The Cash to Leave Scheme Incentive payment will not be paid direct to the tenant.

 

Where can I buy?

You are free to buy a property anywhere in the United Kingdom but will need to be able to afford a mortgage for the remainder of purchase price of the property and pay the usual house purchase fees e.g. legal fees.

 

Conditions

Conditions apply and there are ineligibility criteria in operation. These will be made clear at application stage.

 

This is a voluntary scheme and there is no guarantee or right of eligibility to the scheme.

 

Want to register your interest in the scheme?

Please contact: Lynn Stronach, Strategic Housing Administrator, Housing Strategy & Development Team, P.O. Box 16, 52 Derby Street, Ormskirk, L39 2DF

Tel: 01695-585371

E-mail: paul.smith@westlancs.gov.uk

 

Important note

The scheme will be operational in the next few months. In the meantime though, we are keen to take details of people who might be interested. Register your interest now, so that we can send you details of the scheme and an application form when the scheme becomes fully operational.

 

Related information

Last Updated: 4/23/2012

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West Lancashire Borough Council, 52 Derby Street, Ormskirk, West Lancashire L39 2DF
Tel: 01695 577177 | Email: customer.services@westlancs.gov.uk