Right to Buy rules are changing

right to buy

Published: Wednesday 20th November 2024 | 12.29pm

Right to Buy allows most council tenants to buy their council home at a discount.

The rules for Right to Buy (RTB) are changing on 21 November 2024.  From this date the maximum discount you can get, is whichever is lower:

•    70% of the value of your property
                    or
•    the maximum discount for your region, which is £26,000 for tenants residing within the Cannock Chase Council district.

The discount is based on:
•    the type of property you’re buying - a flat or house
•    the value of your home
•    how long you’ve been a tenant with a public sector landlord

Applications for the Right to Buy received before 21 November 2024, from eligible tenants will retain the current discounts.


Find out more information here: https://www.gov.uk/right-to-buy-buying-your-council-home
 

If you wish to discuss the Right to Buy, please contact Sarah Evans on 01543 462621 or email hps@cannockchasedc.gov.uk 

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