In the case of the 1995 tenant purchase scheme for existing local authority houses, which is now being terminated, a tenant who believes that the value of the house under the relevant regulations is lower than the housing authority’s valuation may submit a property valuation by a qualified valuer to the authority concerned. It is a matter for the authority to decide the extent, if any, to which it revises its valuation on receipt of such a valuation. Where there is a significant difference between the two valuations the case should be referred to the Valuation Office for a definitive valuation.
In the case of the incremental purchase schemes for local authority apartments and newly-built local authority houses, where a prospective purchaser believes that the value of the dwelling under the relevant regulations is lower than the housing authority’s valuation, the property value is determined by a valuer nominated by the prospective purchaser from a panel of valuers established by the authority.