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3/24/2017

Improvements to the Key Guarantees agreed

The estate regeneration programme is about providing better homes for Lambeth residents living on the estates in the programme and to build more homes for social rent to tackle the housing crisis.

The Key Guarantees set out what you as a tenant can expect from the council as it rebuilds your estates. The Key Guarantees aim to:

  • Give certainty to residents about the estate regeneration process
  • Give an offer to residents that reassures them that rebuilding will be as stress-free as possible
  • Give people the opportunity to stay on their estate and help keep communities together

The Key Guarantees were first published in July 2015 and following a review by TPAS (a well-respected tenant engagement organisation), an improved set was published in 2016. This is what we consulted you and your neighbours on last year. You can see the detailed feedback from this consultation on the link below:

http://estateregeneration.lambeth.gov.uk/improvements_to_the_key_guarantees_published

This will show the feedback the council got from residents and the response from the council. Improved Key Guarantees The council’s cabinet has met and agreed the new and improved guarantees and below you can see the headline points of these new guarantees.

For secure tenants

Guarantee 1: If you need to be rehoused during the rebuilding of your estate, you will either be able to remain on your estate or take ‘Band A’ status to move to another council or housing association home of your choice in Lambeth.

Guarantee 2: You will be able to move into a home that meets your housing needs. If applicable, your newly built home will be designed to meet your disability requirements.

Guarantee 3: Your rent, as an assured lifetime tenant living in a newly built Homes for Lambeth home, will be set in the same way as council rents. If you experience an increase in your rent as a result of moving to a newly built home, then your rent increase will be phased in over a five-year period year 5 year.

Guarantee 4: You will be compensated for having to move. A home loss payment will be paid to you, plus reasonable disturbance costs.

Guarantee 5: The council will provide you with help to enable your move, with additional support offered to you if you have special needs or a disability.

Guarantee 6: The council will provide you with advice and information to help you make informed decisions about your future housing.

Guarantee 7: If you choose to stay on your current estate, you will be able to get involved in the design of the new homes and the estate and influence decisions around the phasing of building new homes and the construction works.

For homeowners

Guarantee 1: If you, as a resident homeowner, wish to continue to live on your new estate, you will be given the opportunity to do so. You will be offered a range of options depending on your personal financial circumstances. If none of these options is adequate to enable you to continue living on your estate, the council will explore alternatives with you. (This Guarantee does not apply to non-resident homeowners.) You have the following options.

  • A: Leasehold – buying a new home outright.
  • B: Zero Rent Shared Ownership - buying a shared ownership new home – where your existing mortgage can continue or a new mortgage can be obtained.
  • C: With Rent Shared Ownership - buying a shared ownership new home – where your existing mortgage cannot continue nor can a sufficient new mortgage be obtained.
  • D: Alternatives - where home ownership is no longer a feasible option the council will explore other options with you, including a rented home on the rebuilt estate. 

Guarantee 2: If you, as a homeowner, do not wish to live in a home on the newly built estate, you will have to sell your home at the market value to the council after an independent valuation and make your own new housing arrangements. (This Guarantee is the only option available to non-resident homeowners.)

Guarantee 3: The valuation of your property will be independent and based on market values and you will be compensated for having to move home.

Guarantee 4: The council will provide you with help to enable your move, with additional support offered to you if you have special needs or a disability.

Guarantee 5: The council will provide you with advice and information to help you make informed decisions about your future housing.

Guarantee 6: If you choose to stay on your current estate, you will be able to get involved in the design of the new homes and the estate and influence decisions around the phasing of building new homes and the construction works.

Guarantee 7: If you choose to stay living on your estate and if you require adaptations due to a disability or that of a family member, you will be able to have these adaptions made to your new home. 

What happens next

Following the cabinet decision, we will working on creating a new booklet which will set out the full details of the Key Guarantees. We will aim to get this to residents in May. In addition, starting in June this year the council will talk to residents about the details of the future tenancy and leasehold agreements. For tenants, this will include whether a contractual ‘Right to Buy’ will be included in this future tenancy agreement.

If you have any questions about the improved guarantees please get in touch.