In a significant development in Aberdeen’s ongoing RAAC (Reinforced Autoclaved Aerated Concrete) crisis, homeowners in the Torry area have collectively decided to refuse the voluntary purchase scheme offered by Aberdeen City Council. This decision, made during a mass meeting of residents last week, marks a critical turning point in the dispute over compensation for homes affected by the potentially dangerous concrete.
At the heart of the conflict is what residents are calling the “RAAC penalty.” Aberdeen City Council’s current offer includes purchasing the affected properties at market value, along with home loss payments of up to £15,000. However, the council intends to deduct the cost of repairing or replacing the RAAC roof panels from these valuations.
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John Meiklejohn, a spokesperson for the homeowners, explained the residents’ position, commenting:
“Ultimately, where we have this sticking block is the council were insistent on effectively deducting the cost of making the RAAC panels good.”
He further elaborated that the council’s indicative costs for removing and replacing the RAAC panels range from £40,000 to £71,000 per property.
The potential financial impact on homeowners is severe. Many residents fear they will be left in negative equity, effectively knocking them off the property market with little chance of re-entering it.
The homeowners are standing firm in their decision not to engage with the voluntary acquisition process until they receive written confirmation from Aberdeen City Council that the cost of repairing the RAAC panels will be disregarded from the valuation of their homes. They argue that the current offer is insufficient and are calling for increased funding, clearer information, and defined timelines.
The RAAC issue affects approximately 138 privately-owned residences in Torry, as well as about 350 council homes in the area.
With a protest planned and potential legal actions looming, the resolution of this crisis remains uncertain, leaving many homeowners in a state of anxiety and financial insecurity.
The RAAC crisis in Aberdeen’s Torry area serves as a stark reminder of the complex challenges that can arise when structural issues intersect with property ownership and local governance.