Combined Executive Agenda 120410.pdf - North Ayrshire Council

North Ayrshire Strategic Housing Investment Plan 2012-2015
Account Business Plan. In excess of £4million has been made available over
the five year period to commence the transformation of the Council’s sheltered
housing stock.
42. Two complexes (Currie Court, Ardrossan and Woodgrove, Dreghorn) were
identified as the first buildings which would be refurbished and which will in due
course establish the new ‘North Ayrshire Standard’.
MORTGAGE TO RENT
43. The Council has identified a budget of £1million (for 2012/13) from which to
secure homes through the Government’s Mortgage to Rent Scheme. It is
anticipated that this level of funding will allow the purchase of 20 homes and
help the Council meet its statutory and strategic duties in terms of preventing
homelessness.
44. Trust Housing Association, of which Isle of Aran Homes is a subsidiary, have a
national budget for participation in the Mortgage to Rent scheme. Historically,
there have been no applications from households on Arran, however, the
Association will continue to monitor this situation and assess all applications on
a case by case basis.
PURCHASE OF SECOND HAND HOMES
45. The Council has allocated £1million of funding (2012/13), to allow the purchase
of second hand properties from the open market.
46. The focus of this investment will be increasing the affordable housing supply in
highly pressured areas, however the purchase of properties lower priority areas
will be considered if it allows the Council to bring adjoining homes up to the
Scottish Housing Quality Standard.
47. Properties that will be considered will be ex Local Authorities homes, which
have previously been purchased through the Right to Buy scheme, and which
are now available on the open market.
48. The Council will consider the sale value and the extent of repair required to
bring the property up to the Scottish Housing Quality Standard before
committing to purchase.
49. Initial analysis suggests that between 8 and 10 homes could be secured
through this mechanism, based on average house prices.
50. Trust Housing Association is also pursuing a second hand homes buy back
model on Arran. The Association is keen to increase the supply of fourbedroom
homes and meet the needs of specific wheelchair users, by identifying
easily adaptable properties.
51. The Association have identified a ceiling cost of £120,000 per unit, plus an
additional maximum of £30,000 per units in order to achieve the Scottish
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