What Is Right To Buy?
The Right to Buy scheme has been around for over four decades in one form or another, and allows council tenants to purchase their home at a discounted price.
Currently, the full scheme is only accessible in England – Scotland and Wales had phased it out by the beginning of 2019. Northern Ireland has a similar scheme, though the maximum discount is capped at £24,000. In England, this is limited to £84,200, or £112,300 in London.
Can I Apply To Purchase My Council House?
You can buy your council house if:
- It’s your only or main home
- It’s self-contained
- You’re a secure tenant
- You’ve had a public sector landlord (a council, housing association or NHS trust for example) for three years, though this needn’t be three consecutive years
- You have no outstanding debts
You can make a joint application with:
- Someone who shares your tenancy
- Up to three family members who’ve lived with you for the past 12 months (even if they don’t share your tenancy)
If your home used to be owned by the council, but they sold it to another landlord (like a housing association) while you were living in it, you may have the Right to Buy. This is called ‘Preserved Right to Buy’. Ask your landlord if this applies to you.
If you weren’t living in your home when it was sold by the council you may still be able to buy it through the Voluntary Right to buy pilot if both the following are true:
• You live in a housing association property in one of the scheme’s local authority areas
• You’ve been a public sector tenant (usually of a housing association or council) for a total of at least 10 years
Right to Buy Solicitor Service at PDR Property Lawyers UK:
|Fees from £399 plus VAT and Disbursements|
|No Sale – No Fee||Should your transaction no proceed to completion, we will not charge you for our time spent working on the file.|
|Fixed Fee Guarantee||We will quote you a fixed fee, with no hidden extras! Some conveyancing firms hide extra fees in their T&C’s At PDR Property Lawyers we believe in transparency.|
|Competitive Price||Please do call for a free no obligation or for an instant quote click here|
|No Legal Jargon||Our team of knowledgeable staff are on hand to answer any queries you may have in a clear and understandable manner|
|Conveyancing Specialists||Unlike Solicitors we specialise in conveyancing, which enables us to give you the care and attention needed when dealing with the inevitable stress of a home move|
|National Coverage – No Attendance Necessary||There is no need for time consuming meetings as your transaction can be dealt with by post, email and telephone.|
Right to Buy Conveyancing Quote
With PDR Property Lawyers, getting a quote for Right to Buy conveyancing services couldn’t be simpler.
We have an online conveyancing quote system, so you can find out exactly how much you’ll need to spend without having to pick up the phone – and there are no hidden fees.
You can choose which platform to use, or use both – the portal and app work together to give you the latest information on your case and allow you to keep tabs on its progress, no matter where you are.
Frequently Asked Questions
It is possible to sell the house on, but if you sell within five years you will have to pay back a percentage of the discount you received through the Right to Buy scheme. If you sell it in less than 10 years, you won’t have to do this but you have to offer your former landlord first refusal on the property.
For houses, the Right to Buy scheme offers a discount of 35% if you’ve lived there for between three and five years. If you’ve lived there longer, you’ll get an extra 1% discount for each year you’ve lived there above five years, with the maximum discount being set at 70% (or £84,200 and £112,300 in London – whichever is lower). It’s applied slightly differently to flats – the base discount is 50% and the discount increases by 2% for every year you’ve lived there above five years. The maximum discount is the same as for houses.