Right to Buy scheme: England, Wales and Northern Ireland

Right to Buy

How much will my discount be?

The maximum right to buy discount is:

If you sell within five years you will have to pay back your total discount, or some of it, plus a share of any profit.

Can I Apply?

Yes, if:


When don’t you have a Right to Buy?

How do I start the process?

Ask your landlord for a Right to Buy form. Once you’ve posted it, your landlord must reply within four weeks.

If the answer is no they must say why, and if the answer is yes they’ll send you an offer.

You can also speak to the Right to Buy Agents’ service which will signpost tenants to no-obligation independent advice and to help them with the application process.

How much will it cost to buy the property?

Your landlord will name their price and explain the discount.

If you don’t think it’s fair you can ask for a valuation from the independent

Can I change my mind?

Yes, you can pull out of the sale and carry on renting at any time.

Raising the money

Most buyers need a mortgage to pay for their home.

You can apply for a mortgage from a bank or building society and the lender will check you can afford to meet the repayments.

Before going ahead, make sure you have enough money to cover fees and other costs you’ll need to pay when buying your home.

Right to Acquire

Right to Acquire is a scheme offered in England and Wales for housing association tenants who don’t qualify for Right to Buy.

In England

To qualify for the scheme, your landlord must be a

Your home must have been built with public funds or taken over from a local council after 1 April 1997.

In Scotland

The Scottish Government plans to end the scheme for all council and housing association tenants in Scotland.

Tenants who currently have a right to buy will have two years to do so.

For more information visit the

In Wales

Your landlord must be a Registered Social Landlord regulated by the Welsh Government.

More information

opens in new window

Your next step

Syndicated with permission, original article at


All content is for informational purposes only and is the opinion of the author. Nothing on this website should be interpreted as "advice". Money Dashboard Ltd make no representations as to the accuracy, completeness, suitability or validity of any information on this site and will not be liable for any errors or omissions or any damages arising from its display or use.

Get started today with Money Dashboard

Money Dashboard will help you discover where your money is going, start saving and plan for the future - for free

Related articles

Download app