If you are a housing association tenant in England, you may be entitled to Right To Acquire, and able to buy your rental home at a discount of between £9,000 and £16,000 off the asking price. The amount of the discount is determined by where you live.

Are you eligible?

If you’ve had a public sector landlord for three years or more, you can apply to buy your housing association home. These landlords include:

  • Housing Associations
  • Local Authorities
  • The Armed Forces
  • NHS Trusts, and Foundation Trusts

Furthermore, your property must have been

  • Built or purchased by a housing association after March 31, 1997, and arranged through a social housing grant provided by a local council or the Housing Corporation.
  • Transferred from a local council to a housing association after March 31, 1997.

Right-to-Acquire cannot be used if:

  • You’ve been declared bankrupt.
    A court has ordered you to vacate your home.
  • You’re a council tenant; you might be eligible for Right-to-Buy instead.
  • You have a ‘Preserved Right-to-Buy’.

If you are a tenant of a housing association and are not eligible for this scheme, you may be eligible for the Preserved Right-to-Buy scheme.

What discount you could get

You can save between £9,000 and £16,000 on the purchase price of your home.

The amount of discount you will receive is determined by where you live in the United Kingdom.

When you apply to buy a home, your landlord will tell you how much of a discount you will receive. You can also view the table of discounts. This shows different locations and the discounts available.

If you’ve previously used Right-to-Acquire or Right-to-Buy, your discount may be reduced.

If you decide to sell

If you sell your home within 10 years of purchasing it through Right-to-Acquire, you must first offer it back to your previous landlord.

The property should be sold at the full market value that you and the landlord agreed upon.

If you cannot agree, a district valuer will determine the value of your home and set the price. You will not be charged for their valuation.

If the landlord does not agree to buy your house within 8 weeks, you are free to sell on the open market.

If you sell your home within five years of purchasing it, you will be required to repay some or all of the discount you received.

If you sell within the first year, you must repay the entire discount. Additionally, the value of your house when you sell it determines the amount you must repay. So, if you received a 10% discount, you must pay back 10% of the selling price.

If you sell after the first year, your total repayment amount decreases. You make restitution.

  • 80% of the discount in the second year
  • 60% of the discount in the third year
  • 40% of the discount in the fourth year
  • 20% of the discount in the fifth year

Further Information

Right-to-Acquire is something you should first discuss with your landlord. If you have any questions about your eligibility, you should seek legal advice. You can also contact our team to learn more about Right-to-Aquire.

When thinking of applying for Right-to-Acquire, it is important to think about the costs and responsibilities of owning your own home.

As a mortgage is secured against your home it may be repossessed if you do not keep up with mortgage repayments.


Heather Dolphin

Independant Mortgage, Protection, and Equity Release Adviser

Tel – 01928 761001

Email – heather@dolphinfinancialltd.co.uk