Right To Buy
Frequently asked questions about Right to Buy
1. Am I eligible for RTB?
2. Do previous tenancies, other than with PHP, count towards the qualifying period?
3. If I apply for RTB, can I still have repairs done and be included for a new kitchen/bathroom, etc?
4. How do I get an application form?
5. How much discount will I get, and how much is my property worth?
6. If I purchase my property, how long do I have to stay there before I can sell it?
Am I eligible for RTB?
If your tenancy started before 18 January 2005 then you only need to have been a tenant for 2 years to qualify.
If your tenancy started after this date, then you have to be a tenant for 5 years to qualify. However, please note there are some properties that are exempt from RTB, such as elderly person developments.
Do previous tenancies, other than with PHP, count towards the qualifying period?
Yes, they do, and you will need to provide details of these on your application so that PHP can verify this information.
If I apply for RTB, can I still have repairs done and be included for a new kitchen/bathroom etc?
How do I get an application form?
Our Right-to-Buy Administrator will be able to forward you an information pack and application form.
Alternatively, forms are available to download from www.direct.gov.uk/rtb1
How much discount will I get and how much is my property worth?
The discount for this area is capped at £30,000 and applies to anyone eligible, whether a house or flat, and however many years over the minimum, they have been a tenant.
We cannot comment on the value of the property as the valuation is carried out by an independent surveyor and varies according to the housing market. If you want an approximate idea, we suggest you enquire at local estate agents to see how much similar properties are being advertised for on the market.
If I purchase my property how long do I have to stay there before I can sell it?
You can sell it at any time, but if you purchased your property under the RTB scheme on or after 18 January 2005, and sell within the first five years, you will need to pay back a proportion of the discount received, including a percentage of any increase in resale value.
Also, if you purchased on or after 18 January 2005 and wish to resell or dispose of the property within 10 years, you will be required to offer it back to PHP at full market value first. If your offer is not accepted within 8 weeks you will be free to sell the property on the open market.