We are in the early stages of looking at a house that has a restriction on selling for 25 years without consent of the council (Section 90 Housing Act 1966). I assume that it is was bought as an affordable house?
I believe that the purchasers much show a housing need. How difficult is it to show this? We are renting but have an investment property in another county.
I don't want to go to the expense of getting a survey done if we won't be able to buy it anyway.
Houses that have this restriction are usually old council houses that would have been initially rented and eventually purchased.
I don't think the council look into income etc.. If I remember correctly you have a sign a declaration that you don't currently own any property and you have to provide your PPS number with this form, so they do check it out. I would think having other property would automatically disqualify.
I bought a house last year which was subject to consent from the council. I think if your property is in another county and you are working in the county where your applying for consent from you may be ok.
I there is more restrictions on the vendor as they have to demonstrate that their tax affairs are in order, they have another property to live in and i think they have to sign something that they won't go back on a housing list again.
Call the local authority involved and ask. Thats what i did and the guy in charge was very friendly and helpful.