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209: Valuing for Right to Buy

209: Valuing for Right to Buy

Published 1 February 2004
Type(s) Reports and summaries
Site Housing
Product code 03HHUP01227/28
Price Free

Summary

Valuing council homes is a key aspect of the Right to Buy (RTB) policy, which has now been in place for over 20 years. Tenants dissatisfied with the valuation placed on their home by their landlord can obtain a binding second opinion from the District Valuer (DV) who works for the Valuation Office Agency (VOA). The number of these appeals has increased very significantly in England in recent years. Research commissioned by the Office of the Deputy Prime Minister (ODPM) from The College of Estate Management in Reading, examined the reasons why tenants appeal against landlords' valuations and the extent of variation between the landlords' valuations and those of DVs.

This note provides a short summary of the key points.

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