I want to buy my home under the right to buy or right to acquire scheme
What is Right to Buy/Acquire?
If you're thinking about buying your home, you may be eligible for the Government's Right to Buy/Acquire scheme, which allows social housing customers to buy their home at a discount.
Changes to Right to Buy
On 21 November 2024, the maximum discount amount changed significantly after the Government announced in its Autumn budget this will be reduced. Previously the discount for social homes in England (not including London) was £102,400, but as of 21 November the maximum discount now depends on the home's region instead - for the East Midlands this is now down to £24,000. There are more factors to take into account than this, such as whether you live in a flat or a house, the value of your home and how long you've been a social housing customer for.
We've had an increase in customers applying for the scheme and contacting us with queries on their application before the discount changed on 21 November. If you applied before this date, we'll confirm we've received your application by email or letter within five working days, but processing the application after this is taking a little longer than usual due to the increase. Please be assured if we've acknowledged your application then we'll be in touch again, so there's no need to call in the meantime – our teams are working hard to process the applications as soon as possible.
Can anyone buy their home under one of the schemes?
Information on how to purchase under the statutory RTB scheme along with the answers to questions, timeframes, discount, eligibility and the application form can be found on the government website at Right to Buy: buying your council home: Overview - GOV.UK.
Information on how to purchase under the statutory RTA scheme along with the answers to questions, timeframes, discount, eligibility and the application form can be found on the government website at https://www.ownyourhome.gov.uk/scheme/right-to-acquire/.
You can take the eligibility quiz online to find out if you are able to purchase your home.
How do I apply?
The right to buy website contains all the information you need, click here to go to the application section.
If you would like to discuss over the phone there are RTB advisors who can help you with the process of finding out if you are eligible, discount entitlements, guidance on costs and help with completing the application form.
The number to call is 0300 123 0913 and further information about assistance from an advisor can be found here.
