Right to Buy

If you are looking to purchase your home under Right to Buy, we advise you to seek independent legal and financial advice. The scheme is aimed at local authority and social landlord secure tenants.

Useful contacts:
Email: righttobuy@tamworth.gov.uk; Tel: 01827 709257
Or visit: www.gov.uk/right-to-buy-buying-your-council-home
 where you can download a form on the 'Applying' page.

The Government’s official Right to Buy Agent service is also available to help council and housing association tenants who are interested in understanding and taking up their right to buy their home. The service offers free and impartial advice on Right to Buy and, if you decide home ownership is the right choice for you, their advisers can also help you through the process of buying your home. Contact number is 0300 123 0913. Find out more on their website: https://righttobuy.gov.uk/

There is a useful guide, 'Your right to buy your home' published by the Ministry of Housing, Communities and Local Government, that can be downloaded from the link.

Buying packs are available from Tamworth Borough Council or by calling the Right to Buy team.

What is Right To Buy?

You can buy your council home at a discount. This is based on the number of years you have spent as a tenant.

You must have been a public sector tenant for a minimum of 3 years. This is most commonly a tenancy with either a Council or a Housing Association.

The qualifying period can be made up from the present and any previous relevant public sector tenancies, these periods do not need to be consecutive.

House discount 35% - 70%

Flat discount 50% - 70%

The maximum discount is currently £78,600, the cap will increase in April every year in line with inflation.

What is a leaseholder/freeholder?
If you buy a house it will usually be freehold. This means that you will be the outright owner. If you buy a flat you will be the leaseholder and will incur annual service charges for that property from the Council.

Can I resell my home after purchasing?
You can sell your home whenever you want, but if you sell within five years of buying it, you will have to repay a percentage of the market value of the property, disregarding the value of improvements made by the owner of the property.

Who values my home if I want to buy?
We arrange for a high street estate agent to perform an independent valuation on the property.

Do I have to complete the purchase within a certain time?
No, you can take all the time you reasonably need to get a mortgage or legal advice, but you must inform us as soon as you are ready to go ahead with the sale. If you do not, your application may be withdrawn.