6.4 Further details as to how the market value and disturbance payments are calculated are set out in section 11. 6.5 Practical help with buying a replacement property outside Westminster Where it is needed, the City Council can provide practical, non financial help to assist leaseholders to buy another replacement property. The need for this will be assessed on a case by case basis and will be limited to information on how to purchase a property on the open market. 6.6 Practical help with buying a replacement property in another part of Westminster (outside the Housing Renewal Area) The need for and level of help to be provided will be assessed on a case by case basis, in accordance with individual needs, and may include (but is neither guaranteed to include nor restricted to) the provision of: Information on how to purchase a property on the open market Information on any other leasehold properties the City Council knows are for sale Help to find a replacement property in Westminster. In some circumstances the City Council or its agent may be able to facilitate the purchase of a replacement leasehold property from its own vacant stock (this is dependent on the supply of housing stock and is subject to government rules and conditions) Advice on intermediate housing options in Westminster. 6.7 Financial help to buy a replacement property in another part of Westminster (outside the Housing Renewal Area) Where the options described in section 7 to return to the Housing Renewal Area are unsuitable for the leaseholder, due to their particular circumstances, as it would involve them having to move twice, they may be offered an equity loan from the City agent to buy another property locally (near to the Housing Council’s Renewal Area). This option may be offered where leaseholders: Have a need to remain close to the Housing Renewal Area, due to the location of their employment, support networks, or for other factors considered reasonable, and Are unable to afford to buy another property outright of the same size and type, due to any difference in property prices. 6.8 The offer to purchase a replacement property is likely to be from the City agents own housing stock and will be an ex social housing property. Council’s Any offers will be confirmed in writing and the leaseholder will need to accept or
6.4 Further details as to how the market value and disturbance payments are calculated are set out in section 11. 6.5 Practical help with buying a replacement property outside Westminster Where it is needed, the City Council can provide practical, non financial help to assist leaseholders to buy another replacement property. The need for this will be assessed on a case by case basis and will be limited to information on how to purchase a property on the open market. 6.6 Practical help with buying a replacement property in another part of Westminster (outside the Housing Renewal Area) The need for and level of help to be provided will be assessed on a case by case basis, in accordance with individual needs, and may include (but is neither guaranteed to include nor restricted to) the provision of: Information on how to purchase a property on the open market Information on any other leasehold properties the City Council knows are for sale Help to find a replacement property in Westminster. In some circumstances the City Council or its agent may be able to facilitate the purchase of a replacement leasehold property from its own vacant stock (this is dependent on the supply of housing stock and is subject to government rules and conditions) Advice on intermediate housing options in Westminster. 6.7 Financial help to buy a replacement property in another part of Westminster (outside the Housing Renewal Area) Where the options described in section 7 to return to the Housing Renewal Area are unsuitable for the leaseholder, due to their particular circumstances, as it would involve them having to move twice, they may be offered an equity loan from the City Council’s agent to buy another property locally (near to the Housing Renewal Area). This option may be offered where leaseholders: Have a need to remain close to the Housing Renewal Area, due to the location of their employment, support networks, or for other factors considered reasonable, and Are unable to afford to buy another property outright of the same size and type, due to any difference in property prices. 6.8 The offer to purchase a replacement property is likely to be from the City Council’s agents own housing stock and will be an ex social housing property. Any offers will be confirmed in writing and the leaseholder will need to accept or