Managing relets and resales

The allocation policy you draw up will need to be applied also when a rented home becomes vacant or you exercise a pre-emption right to nominate a new purchaser under a shared equity lease.

With only the limited availability provided by re-lets and re-sales with homes changing hands only every 10 years on average, any list of potential applicants may become out of date and it will not be worth maintaining a CLT-specific waiting list unless the CLT has at least 10 homes. Local authorities operate a “choice-based lettings” scheme where available homes are advertised and the home is then offered to the household applying who best meets the priority criteria. Housing associations who co-ordinate the sale of part-equity homes in an area use a similar system. One route to deciding who should be offered a re-let or re-sale would be to suggest all potential applicants register on local lists and use a choice-based lettings arrangement which then applies the CLT’s priorities to those who come forward at the time the vacancy occurs.

Step by Step Guide

• Forming a CLT
• Who you will house
• What you will build
• Finance
• Marketing sales & rentals
• Managing building process
• Managing properties
  • Maintenance and management arrangements
  • Managing relets and resales
  • Communicating with residents and applicants
  • Sustaining the CLT as an enterprise
• CLTs for other assets

Other Guides

For other CLT guides and information, visit our Resources page.