Right to buy

The process of buying your council home is called "Right to Buy" and you will need to first find out whether you qualify.

Find out whether you qualify

You will need to contact the council/housing association to confirm that you are eligible to apply to buy your home from them. This will usually be granted if you have been a local authority tenant (present and previous addresses can be included) for a minimum of 2 years before 18th January 2005, or a minimum of 5 years after the 18th January 2005.

Discover how much discount you will recieve

This could be as much as 44% if the council confirms that you are eligible for the "Right to Buy" they will then send you the RTB1 application form to be completed. The questions on the form will be used to calculate the discount you will recieve from the value of your property. The maximum discount you can receive will probably be 32% if your property is a house or 44% if your property is a flat/maisonette.

Arrange a valuation

The next stage will be for the council to send you a RTB2 form, this will confirm whether or not your application has been approved. This should be sent to yourselves within 4 weeks of the council receiving your RTB1 form (this may take slightly longer if you have lived at different addresses during the last 2 years). As soon as you recieve this, please call your dedicated mortgage adviser urgently on 08458 508458 The council/housing association will then arrange for a valuation to be carried out on your property. This is paid for by the council/housing association.

Recieve your offer

The council/housing association should send you their offer, known as the Section 125 notice, within approximately 8 weeks of the RTB2 form being sent to yourselves. The section 125 offer notice will include the property valuation , the discount you will recieve along with the purchase price to yourselves.

We would recommend that you enquire now online or phone us on 01322 394 842