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Bigger discounts under Right to Buy could make a real difference.

Council or Housing Association tenants. Bigger discounts under Right to Buy could make a real difference. [Insert authors name] [Job title] [Team]. Insert logo. Council or Housing Association tenants.

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Bigger discounts under Right to Buy could make a real difference.

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  1. Council or Housing Association tenants Bigger discounts under Right to Buy could make a real difference. [Insert authors name] [Job title] [Team] Insert logo

  2. Council or Housing Association tenants • Right to Buy is a scheme that gives council tenants the opportunity to buy their homes at a discount. • In April 2012 and March 2013, the top discount on Right to Buy was increased and now tenants can buy their home with up to a 70% discount. • Two million homes have been bought under Rightto Buy since 1980 when the scheme began. What is Right to Buy? Insert logo

  3. Council or Housing Association tenants Are you eligible? You could be eligible for a Right to Buy discount if: • You are a council tenant – or have been a council tenant when your home was sold to your current landlord • You have been a tenant for at least 5 years • You don’t live in sheltered housing or other housingparticularly suitable for elderly or disabled people • The property is your only or main home Insert logo

  4. Council or Housing Association tenants How much discount? • For a house: • Discounts start at 35% after 5 years’ tenancy • Add 1% for each extra year that you have been a tenant, • Up to maximum 60% discount – or £75,000 (whichever is the lower). • For a flat: • Discounts start at 50% of market value after 5 years’ tenancy • Add 2% for each extra year that you have been a tenant • Up to a maximum 70% discount – or £75,000 • (whichever is the lower). Insert logo

  5. Council or Housing Association tenants Find out more about Right to Buy now! Insert logo

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