Home > Right-to-Buy Schemes > The Right to Buy Scheme

The Right to Buy Scheme

By: Christine Whitfield BA (hons) - Updated: 18 Jul 2019 | comments*Discuss
 
Right To Buy Council House Tenant Home

The criticisms aimed at the Government regarding the lack of affordable housing are not going away and the Government is hearing them loud and clear. In recent years the Government has helped set up various initiatives in order to solve the crisis from homebuy schemes and shared ownership to promising to build more affordable homes over the next twenty years.

This has not stopped the critics though. Several figures in the property industry have claimed the houses the government is proposing to build are not enough and will do little to ease the problems. There have also been complaints that the Government is acting too slow.

Never-the-less it cannot be disputed that these initiatives are beneficial for some groups of people. And one such initiative is the Right to Buy scheme.

What is the Right to Buy Initiative?

The Right to Buy scheme was developed to help council tenants to buy their council house. The tenants receive a discount on the cost of the house. The discount they receive varies depending on how long they have lived in the council house.

What Discounts are Available?

The discounts available on the property depend on the number of years the tenant has lived in it. If the tenant has lived in the house for twenty years they will receive a 50% discount on the house. If a tenant buys the council property and then goes on to sell it they may have to pay back the discount to the council.

Who is Eligible for the Right to Buy Scheme?

To be eligible for the Right to Buy scheme you must be a council tenant and you must have lived in your property for two years or more (obviously the longer you have lived in the property the bigger the discount will be.)

However there are some instances in which you would not have the Right to Buy even if you have lived in your house for over two years.If your home is connected to your work i.e. if it is rented by your employers for you then you will not be able to enter into the scheme. If your home was provided to you because you are an older person or a disabled person you are also disqualified from the scheme. If you are being evicted or have declared yourself bankrupt you cannot apply for Right to Buy.

How do I Apply for the Right to Buy scheme?

If you do qualify for the scheme and you would like to apply you should contact your local council and inform them of your interest. Alternatively you can visit the Government site www.gov.uk and download a form. Once you have applied for the Right to Buy scheme your local council will send you a letter stating the discount you would receive and the cost they will sell it at.

The Right to Buy scheme has been praised for helping thousands of council tenants to get on the property ladder and put an end to renting. If you are interested in buying your house and you have lived in it for a number of years contact your local council and take the first step to home ownership.

You might also like...
Share Your Story, Join the Discussion or Seek Advice..
[Add a Comment]
Hi Everybody, Hope everyone is well. Needed a bit of guidance for the following situation: My parent have been tenants with the Local Council for approx. 34 years. I was just think of my parents aging and the state and cost of elderly care (i.e abuse/overpriced) and decided that if I could purchase the property I could prevent them from being forced into uncomfortable accommodation and substandard care etc. I have my brothers and sisters who live separately in their own homes, kids, mortgages etc who help out with my parents needs at present. However. my parents are not getting any younger. Initially from the research I had done I assumed that only my income/age etc would be asked for on a RTB mortgage as I am the only one financing it. However today, I spoke to somebody at Santander who said he would have to take my father's details too and his pension into account as his name is on the RTB form as using his RTB and as such returned with a reduced borrowing amount and shortened length of 8 years. I asked for a 25 year mortgage. My question is have I done the initial RTB forms incorrectly or something. I stated I would be sharing the RTB but was not a named tenant but have been living in the property since birth. Any advice/signposting would be appreciated, and any prattle will just be ignored as I know RTB is a bit of a controversial topic.
Moses97 - 18-Jul-19 @ 7:32 PM
Hi Everybody, Hope everyone is well. Needed a bit of guidance for the following situation: My parent have been tenants with the Local Council for approx. 34 years. I was just think of my parents aging and the state and cost of elderly care (i.e abuse/overpriced) and decided that if I could purchase the property I could prevent them from being forced into uncomfortable accommodation and substandard care etc. I have my brothers and sisters who live separately in their own homes, kids, mortgages etc who help out with my parents needs at present. However. my parents are not getting any younger. Initially from the research I had done I assumed that only my income/age etc would be asked for on a RTB mortgage as I am the only one financing it. However today, I spoke to somebody at Santander who said he would have to take my father's details too and his pension into account as his name is on the RTB form as using his RTB and as such returned with a reduced borrowing amount and shortened length of 8 years. I asked for a 25 year mortgage. My question is have I done the initial RTB forms incorrectly or something. I stated I would be sharing the RTB but was not a named tenant but have been living in the property since birth. Any advice/signposting would be appreciated, and any prattle will just be ignored as I know RTB is a bit of a controversial topic.
Moses97 - 18-Jul-19 @ 12:55 AM
Hi Everybody, Hope everyone is well. Needed a bit of guidance for the following situation: My parent have been tenants with the Local Council for approx. 34 years. I was just think of my parents aging and the state and cost of elderly care (i.e abuse/overpriced) and decided that if I could purchase the property I could prevent them from being forced into uncomfortable accommodation and substandard care etc. I have my brothers and sisters who live separately in their own homes, kids, mortgages etc who help out with my parents needs at present. However. my parents are not getting any younger. Initially from the research I had done I assumed that only my income/age etc would be asked for on a RTB mortgage as I am the only one financing it. However today, I spoke to somebody at Santander who said he would have to take my father's details too and his pension into account as his name is on the RTB form as using his RTB and as such returned with a reduced borrowing amount and shortened length of 8 years. I asked for a 25 year mortgage. My question is have I done the initial RTB forms incorrectly or something. I stated I would be sharing the RTB but was not a named tenant but have been living in the property since birth. Any advice/signposting would be appreciated, and any prattle will just be ignored as I know RTB is a bit of a controversial topic.
Moses97 - 18-Jul-19 @ 12:12 AM
Hello can some one help me plzs my partner as lived with he's mum and dad for many years about 25 to 30 years and his parents have lived about 40 to 50 years my partner had to move out his parents home about 1and he wants to by his parents home can you help plzs his sister says he can not by the home what can we do thank you
Holly - 17-Jul-19 @ 12:30 PM
@Maudy - that question is like 'how long is a piece of string?' It depends where you live and how much money you have to put down as a deposit. If you look in a local estate agent's window, that will tell you how much.
Terri - 5-Jun-18 @ 2:08 PM
I'm thinking of buying my house been here 18 year how Much will it be
Maudy - 31-May-18 @ 9:49 PM
hi,lve lived in my property for 13 years, i am on theright to buy scheme how much discount recieve thanks
SING - 20-Mar-18 @ 2:45 PM
Hi i am looking at buying my council property, the tenancy is just in my name, but wanted to get a joint mortgage with my partner but im not able to put him on the right to buy. would we still be able to get a mortgage ?
jamiam - 3-Nov-17 @ 9:57 AM
I've been a Housing Association tenant ( house built in 1993) for 24 years and was a council tenant for around 9 years previous to that. Would love to buy my current home but being told I cant at the moment but things may change. Would like to know when this is going to change please.
sssjw - 25-Jul-17 @ 1:58 PM
When are the Right to Acquire changes going to be implemented - giving the same discount rights as those who have the right to buy?This has already gone through Parliament, the Queen's Speech and the White Paper.When is it being rolled out to the tenants ?
kaz - 2-Feb-17 @ 1:54 PM
Jayne - Your Question:
Weve been renting our housing assosiation house for over 20 years now, and wanting to buy it. Not sure where we stand though, because ours was built around 1994, and it says somewhere along the lines, of only houses built after 1997. Would love to know if this is going to change, and what my chances are for the future.

Our Response:
I'm afraid we cannot predict what may happen. You can find out the current state of play via the gov.uk link here.
AffordableHomeAdvice - 23-Jan-17 @ 1:43 PM
Weve been renting our housing assosiation house for over 20 years now, and wanting to buy it. Not sure where we stand though, because ours was built around 1994, and it says somewhere along the lines, of only houses built after 1997. Would love to know if this is going to change, and what my chances are for the future .
Jayne - 22-Jan-17 @ 3:31 PM
Will housing association tenants have the chance of buying their housing association home in the near future ??? Again been a good association tenant for over 11 yrs. ( Peabody tenant ) had the right the to buy 7 yrs ago on a scheme called social home buy, which no longer exists, please if you can anybody answer questions much apreciated.
Joker - 18-Jan-17 @ 8:45 AM
I am waiting for the right to buy for housing tenants who are with housing Associations to come in to effect
Bills - 11-Aug-16 @ 5:21 PM
Hi i am looking at buying my council property, the right to buy is just in my name, but wanted to get a joint mortgage with my partner but im not able to put him on the right to buy. would we still be able to get a mortgage.
Rose caught a fish i - 28-Jun-14 @ 11:23 AM
First time buyer. Re-locating to Norwich in May 2014. Employed as a Maths trainer in primary schools, full time. Good credit rating. Have been a class based primary teacher for 18 years. Do not have much savings for a deposit. Want to know how I go about registering for the government partnership scheme? Looking at properties in Norwich around £110K.
tutti - 20-Jun-13 @ 5:55 PM
Hi, Ive lived in my property for 15 years,I am on the right to buy scheme,How much discount will i recieve
gilly - 28-Nov-11 @ 2:18 PM
Share Your Story, Join the Discussion or Seek Advice...
Title:
(never shown)
Firstname:
(never shown)
Surname:
(never shown)
Email:
(never shown)
Nickname:
(shown)
Comment:
Validate:
Enter word:
Latest Comments
  • ste
    Re: The Right to Acquire Scheme
    right to acquire exempt from right to acquire rural area yet the have sold house to next door less then 2yrs agar
    6 December 2019
  • Shaz
    Re: Are You Classed as a Key Worker?
    I am a key worker in milton keynes, where can i find key workers properties and how can i apply for them?
    3 December 2019
  • bhavin
    Re: What Are My Responsibilities Under Shared Ownership
    I had burglary in my flat which is road side ground floor . The main door lock has broke and i have…
    2 December 2019
  • gilly
    Re: Selling Your Shared Ownership Property
    Hi I just read your article and I have shared ownership with Fortis Living and your article says that the Housing…
    28 November 2019
  • Kezza
    Re: Buying Your Council House
    Hi Im just after some advice me and my partner and our 3 kids live with my partners mum in her council house who has just been offered…
    8 November 2019
  • Keith
    Re: The Right to Acquire Scheme
    After being told for 3 years that I can apply for a right to acquire, I'm now being told I can't, on the designated rural area in…
    7 November 2019
  • Lnm_86
    Re: The Right to Acquire Scheme
    I have been a housing association tenant for 11 years, 9 of these were with one association and 2 years with another (Still with…
    5 November 2019
  • Tim
    Re: The Right to Acquire Scheme
    Hi there, Thank you for giving us a chance to ask questions with regards to affordable housing. I want to buy a house with the…
    1 November 2019
  • Sunjam
    Re: The Right to Acquire Scheme
    I have lived in this property for almost 11yrs now. I have notified my landlord of my interest to buy the property under Preserved…
    31 October 2019
  • Bash.
    Re: Housing Association Properties
    I am currently living with my parents in a Te'o bed ground floor disable flat with my 3yr old daughter and my Nephew. My 23yr…
    28 October 2019