Right To Buy

Right to Buy is a UK government scheme that gives certain tenants of public sector housing the right to purchase the property they are living in at a discounted price. The scheme was introduced in 1980 to encourage home ownership and give tenants the opportunity to become homeowners.

To be eligible for the Right to Buy scheme, you must be a tenant of a public sector landlord, such as a local council or housing association, and you must have been a tenant for at least three years. If you are eligible, you will be able to purchase your home at a discount of up to 70% of the market value, depending on how long you have been a tenant and the type of property you live in. The discount is applied to the market value of the property at the time you exercise your right to buy, which will be determined through a professional RICS valuation.

If you are looking to make a Right to Buy application, it is likely that the local authority or housing association will obtain their own valuation of the property. However, your interests will differ from those of the local authority, and you may wish to obtain your own RICS valuation to ensure that you are not paying over the odds. We can provide an accurate and independent valuation to give you peace of mind. All our surveyors are RICS registered valuers and will be happy to discuss your