Right to buy
The Government has plans to extend Right to Buy so that housing association tenants may be able to apply to buy their homes. This new scheme will be called Voluntary Right to Buy. The details of the scheme are currently being worked out and we have little further information at this stage.
We think that:
- discounts will be similar to council Right to Buy discounts
- we can refuse permission for you to buy your home, but if we do you can have a “portable discount” which you can use to buy a newly built property
- the scheme may be introduced gradually; this may restrict the number of people who can apply to buy their homes.
We will continue to update you as and when we receive any more information.