Right to Acquire gives most eligible tenants of Registered Providers the opportunity to buy the home they rent, and you may be eligible if you have spent a total of 3 years as a public sector tenant.
You may also be eligible if:
- You don’t live in sheltered housing or housing designed/suitable for elderly or disabled persons
- Your home is not due for demolition
- You don’t have any legal problems with debt
- You don’t have any outstanding possession orders against your home
Everything you need to know about Right to Acquire can be found on the Government’s Right to Acquire website and you can also download the Right to Acquire booklet
On the above links you will find information about:
- Whether you may eligible?
- Whether your property is a qualifying property (not exempt)?
- The current discount for your area
- Things to consider?
- How to take the next steps if you decide to apply (completing your application)
- Process once you have submitted the application, time frames and your rights (such as the offer, challenging the valuation, going forward with the purchase)
- Selling or transferring your home later on (e.g. repaying some or all of discount if selling within 1st 5 years and conditions for selling within first 10 years).