The Right to Buy scheme in the UK offers tenants the legal right to buy their council house.
The Government scheme is designed to make it easier for anyone living in a council or housing association owned home, to buy their own property at a discounted rate.
It is estimated that around 2 million homes have been sold this way over the last 30 years.
When thinking about applying for Right to Buy, the first thing you need to consider is whether you are an eligible candidate for the scheme.
You may be eligible for Right to Buy if:
- You are council tenant
- You have been a council tenant for the last 3 years
- The house is your only, or principal home
- The house is self-contained (e.g. you don’t have to share a kitchen or bathroom)
You may not be eligible if:
- A court has made a possession order which says you must leave your home
- You are bankrupt
- You have been threatened with bankruptcy
- You have other serious money problems – including owing creditors a sum of money
- Your home has been particularly adapted for the elderly or people with special needs
- You live in sheltered accommodation
For more information on eligibility you can download the official: Your Right to Buy Your Home – A Guide 2015 PDF.
Why not enquire about the scheme and discuss your options with us at Peter Robinson & Co.
If you’re looking for further advice, the specialist solicitors at Peter Robinson & Co. can guide you in every aspect of Right to Buy.
We will liaise with the Council’s solicitors on your behalf, providing you with easy to understand advice and explaining the whole process as you go. We can make you aware of your responsibilities and explain your rights and entitlements to you.
For further advice on your Right to Buy, get in touch today.