| Right to Acquire |
| What is Right to Acquire? |
The Right to Acquire is a scheme giving eligible tenants of registered social landlords the legal right to buy the home they currently rent.
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| How does Right to Acquire work? |
The tenant can apply to the Landlord to buy the home and obtain a discount on the market value. Discounts range from £9,000 to £16,000 depending on where you live and the overall value of your property.
If the property is sold on within 5 years a proportion of the discount is repayable. |
| Who is eligible for Right to Acquire? |
The Right to Acquire only applies to properties build or acquired by public funds after 1st April 1997. Some properties are exempt. |
| How do I apply for Right to Acquire? |
Contact your landlord |
| How do I raise a mortgage for Right to Acquire? |
Selected specialised products are available for Right to Acquire.
To request help with a mortgage click here. |
