Right to Buy and Right to Acquire
Find out more about Government schemes that may allow you to buy your home.
Right to Buy, Preserved Right to Buy & the Right to Acquire
Most of our tenants do not have Right to Buy. However, depending on your tenancy and how or when your home was built, you may have the Preserved Right to Buy or Right to Acquire your home at a discount.
Preserved Right to Buy
If you qualify for Right to Buy, you may receive up to 70% discount off the market value of your home, up to a maximum of £77,000. The amount of discount will depend on the length of your tenancy history.
To find out whether you are eligible to purchase your home through these schemes, please visit http://righttobuy.communities.gov.uk where you can see if you may be eligible.
The government's Right to Buy Agent Service also offers free and impartial advice on Right to Buy. Their advisors can also help you through the process.
Right to Acquire
If you qualify for the Right to Acquire, you may receive a set discount amount of either £9,000 or £10,000 (depending on the area where you live) off the market value of your home, regardless of how long you have been in your home.
Your property must have been built, bought or transferred to us after the 1st April 1997 and meet certain funding criteria in order to qualify for the scheme.