If we successfully apply to court for forfeiture of a lease or buy back a leasehold property we may be willing to enter into a new tenancy whereby the former leaseholder can continue to occupy the property as a rented home unless there are other factors such as anti-social behaviour or immigration status which would disqualify them from having a tenancy with Bron Afon.
As is the case with other Bron Afon lettings an introductory tenancy will initially be granted.
In such cases we may set the rent at a higher level than other tenancies as part of the financial package to make the buyback self-financing over 30 years, taking account of the level of rent that the leaseholder can afford.
Bron Afon will also be willing to explore the option of granting a tenancy exceeding 7 years where the tenant remains responsible for repairs, where this is an appropriate approach to develop a financially workable package to allow buy back.