The Right to Buy scheme allows most council tenants to buy their council home at a discounted price. To qualify, it must be your main home and you must have had a public sector landlord for at least five years.
As soon as you apply for the right to buy the Property and your Council landlord agrees that you qualify to buy your Property, your landlord will send you a Section 125 notice detailing the price, which gives you details of the discount you are entitled to, estimates of service charges and improvement costs for five years together with notifying you any structural issues of the property and the terms and conditions of sale. You then have 12 weeks to decide whether to go ahead with your purchase.
The process for buying your council home is generally the same as any other residential property purchase. In most cases, once your application is approved, the process is an be very quick because there is no property chain and you are living in the Property. Our expert team of conveyancing solicitors will ensure you understand every step of the process giving you the peace of mind and assurance that you are well informed of what the procedure.