Right to Buy
The Right to Buy scheme is a Government-run scheme. It gives qualifying social tenants in England the right to buy their home at a discount. Changes in the Right to Buy scheme mean the maximum discount has been increased. Changes to the scheme came into effect on Monday, 2 April 2012.
Who can buy?
If you are a secure tenant (that is, you were a Council tenant before 1997), you may be able to purchase the property you live in through the Right to Buy: buying your Council home.
Who cannot buy?
- any tenant who has a service tenancy in connection with their job.
- any sheltered housing tenant
- any tenant whose home has been adapted or is particularly suitable for use by the disabled or elderly.
What discount might I receive?
The amount will depend on the amount of time that you have been a tenant. For more information see right to buy on GOV.UK.
Where are the deeds kept for right to buy properties?
Where a property has been sold under the Right to Buy, the Housing Association does not retain the title deeds.
If you have bought your property with a mortgage or loan, the deeds will be retained by your lender.
Your title deeds are important documents. If you hold the deeds to your property yourself, you should ensure that they are kept in a secure place.
Also see the Right to Buy website.