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Right To Buy

Buying your council owned home.

To be eligible for the Right to Buy discount scheme you will need to have been a public sector tenant for at least three years; this means your landlord would have to be a council, NHS trust or housing association.

This three years does not have to be in one continuous period or just in the home you want to buy. However, the property has to be your only home and it has to be self contained.

You cannot apply for a Right to Buy discount if any of the following apply:

  • The property is not your main home

  • The property is not self-contained (i.e. you share a kitchen or bathroom)

  • You have an introductory tenancy rather than a secure tenancy

  • There is a court order saying you must leave your home

  • You have an undischarged bankruptcy

  • You are being declared bankrupt

  • You owe money to creditors

Certain properties are also excluded from the Right to Buy scheme, usually if they are reserved for the elderly or for tenants who work in a specific public sector, such as firemen or the police.

However, if you live in an ex-council house that was sold to another landlord, a “Preserved Right to Buy” may still apply.

Spire Mortgages Ltd is an Appointed Representative of PRIMIS Mortgage Network, a trading name of Advance Mortgage Funding Ltd. Advanced Mortgage Funding Ltd is authorised and regulated by the Financial Conduct Authority.

Most Buy-to-Let Mortgages are not regulated by the Financial Conduct Authority.

This firm does not charge a fee for mortgage advice

Spire Mortgages Ltd, Registered in England and Wales Company Registration Number 6391848

Registered Address : 18 Beaulieu Road, Amesbury, Salisbury, SP4 7PD

Trading Address : 18 Beaulieu Road, Amesbury, Salisbury SP4 7PD

The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.

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