Council Flat Purchased, Devastating News Received
A woman in London who bought her council flat for £78,000 was hit with a shocking surprise just weeks later. Jamila Farah, 51, purchased the two-bedroom property in North London on May 14, only to be informed by the local authority that the entire block would be demolished.
Gas Leak and Safety Concerns Prompt Demolition
The Shires estate, where Farah's flat is located, is home to two 17-storey blocks that house a total of 204 properties. Due to a gas leak and fears of the building collapsing, the council deemed it too dangerous to live in. As a result, council tenants face rehousing.
Opportunity to Purchase Despite Uncertain Future
Despite the looming demolition, and even with the gas supply being cut off, Ms. Farah was given the opportunity to buy her flat. She decided to go ahead with the purchase, hoping for more stable finances and relief from the burden of rent.
Financial Compensation for Leaseholders
Enfield Council, in light of the situation, has agreed to a "timely buy-back" of properties owned by leaseholders on the estate. Ms. Farah is set to receive £230,000, based on the current market value of her property plus an additional 10 percent for compensation. The total cost of the buy-back scheme is estimated to be a staggering £13.8 million.
Facing Uncertainty and Financial Strain
Ms. Farah, who is in poor health, is now concerned about finding affordable housing in the area. As a private tenant, she worries that the council will not offer any assistance. She expressed her struggle with daily life and the uncertainty of her future.
Council's Plan for the Estate
Enfield Council has decided to decommission the tower blocks to prioritize the safety and comfort of its residents. This move will allow them to quickly move residents into decent and safe alternative accommodation. The council also promises to provide support for legal and surveying costs associated with buybacks for leaseholders.
Overall, the council aims to improve its other council homes with the limited resources available.
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