Right To Buy

Right to Buy was introduced in 1980 and gives eligible social housing tenants the right to buy their home at a discount. Over the years, the discount levels have varied, making the scheme unaffordable to many tenants.

Since April 2012, the Government has introduced major changes to Right to Buy. In July 2014, the maximum percentage discount for a house was increased to 70% (in line with flats) and the maximum cash cap will now increase in April every year in line with inflation.

The maximum discounts are £77,900 across England and £103,900 in London.

Right To Aquire

If you don’t have a preserved Right to Buy you may still be able to purchase your property at a smaller discount under another scheme called Right to Acquire. This might change – you can sign up here to get updates on any changes as well as information about other government housing schemes.