Acquisition Programme: information
Information on acquisitions of homes funded through the Affordable Housing Supply Programme.
Types of purchase that can be supported through the Affordable Housing Supply Programme
The Affordable Housing Supply Programme can support the following types of purchase where there is a strategic housing need as identified and agreed by the local authority:
- Open market purchases with vacant possession
- Off market purchases with vacant possession
- Purchases where an owner occupier cannot afford the required maintenance or refurbishment of their home and therefore wishes to sell and remain in the home as a tenant in the social rented sector
- ‘Off the shelf’ purchases from developers
Full information on the above can be found in the Affordable Housing Supply Programme process and procedures guidance.
The range of homes that can be purchased by councils and registered social landlords with grant support through the Affordable Housing Supply Programme can also include the purchase of properties from landlords leaving the private rented sector with a tenant in situ – where this meets a clear strategic purpose and where the tenant is at risk of homelessness. Any council or registered social landlord that is currently exploring any such purchase should contact their local More Homes Division area team office in the first instance.
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