Right to Buy Scheme

Information on the Right to Buy Scheme


  • A Council or Housing Association tenant may have the Right to Buy in the UK
  • The Right to Buy Scheme in England is slightly different to that in Scotland, Wales & N. Ireland
  • The basic differences in the Right to Buy Scheme around the UK are the maximum discounts     available to the tenant off the purchase price.
  • If you live in Scotland and were not a social tenant before March 1st 2011, you are no longer have the right to buy as it has been withdrawn. If you have been a social tenant prior to that     date you still have the right to buy your council home or housing association property.
  • If you take advantage of buying your council property, house or home you will have to take out a conventional mortgage just like a normal homewoner who buys on the open market.
  • The government updated the English Right to Buy Scheme in an attempt to help improve the housing market and this means that in england you can obtain depending upon your     period of tenancy a disocunt of up to 70% for a house and 60% for a flat.
  • Five years tenancy is the minimum requirement by the council now for new tenants who wish to take advantage of the right to buy scheme.
  • You should always think carefully before buying a property, it is a very big decision to make and should not be made without first seeking the help and advice of an authorised     financial advisor.

    1. The maximum right to buy discount available in England = £75000
      The maximum right to buy discount available in Scotland (not confirmed but considerably less than) = £75000
      The maximum right to buy discount available in Wales = £16000
      The maximum right to buy discount available in N. Ireland = £24000