People living in Spencer Close and Spencer Lodge in St Saviour will be able to stay there, after Andium Homes agreed a deal to buy the flats.
The residents were given three months' notice to leave on Christmas Eve.
They were told the good news on Friday (18 February) that Andium's offer to buy the St Saviour flats from the current owner has been accepted - and they can stay in their homes.
The sale is expected to be completed next month.
“When the news broke about the residents at Spencer Close and Spencer Lodge being given 3 months’ notice just before Christmas, Andium agreed to step in to see whether we could buy the entire building and save the tenants from losing their homes.
We have been in discussions with Columbia Estates, who represent the owner, since late January and I am delighted that on Friday afternoon we were able to tell residents that our formal offer to buy the buildings has been accepted and that their tenure of their homes is secure. There is still some legal work to do but all being well we expect to complete the purchase in March.” - Ian Gallichan, Andium Homes Chief Executive.
Housing Minister Deputy Russell Labey has welcomed the news.
“I am extremely grateful to Ian Gallichan and his team at Andium for agreeing to enter into these negotiations and for achieving such a successful conclusion. I would also like to thank the owner of Spencer Close and Spencer Lodge forgiving us the time and a first-refusal option so that we could arrive at this positive result. In this case, with the help and expertise of Andium, we’ve acted swiftly to provide Spencer Close and Spencer Lodge tenants with security”.
Senator Sam Mezec, who has been pushing for improved rights for long-term tenants, has welcomed the news:
"By supporting Andium to step in and buy Spencer Close, we have prevented people from losing the homes they have lived in for years."

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