Right to Acquire

Date published: 5th July 2017

Right to Acquire is a Government scheme that allows housing association tenants to buy their home at a discount, if they have had a public sector landlord for 3 years.

A public sector landlord is either a council or a housing association.

The discounts for this scheme are fixed amounts published by the Government. Currently they range from £9,000 to £16,000. The size of the discount you will receive will depend on where you live.

To be eligible to buy your home, your property must have been

  • built or bought by a housing association after 31 March 1997 (and funded through a social housing grant provided by the Housing Corporation or local council)

    OR

  • transferred from a local council to a housing association after 31 March 1997

The home you want to buy must also be:

  • a self-contained property
  • your only or main home

Who isn’t eligible

You cannot use Right to Acquire if:

  • you’re being made bankrupt
  • a court has ordered you to leave your home

To find out more about Right to Acquire, click here, or contact us at admin@tuntum.co.uk or on 0115 916 6066.