county, i would like to sell his home and buy my housing association home 100 % anyone know if this is possible thanks for all yor answers but i assume its based on which county you live in
The Right to Buy scheme
The Right to Buy scheme gives eligible council tenants the right to buy their property from their council at a discount. Tenants of housing associations who hold the preserved right to buy (PRTB) may also be eligible for the scheme.
Are you eligible?
If you have been a secure council tenant for at least two years (or five years if you became a tenant after 18 January 2005) you are likely to have the Right to Buy your council home at a discount.
If your were a secure tenant of a local authority and the ownership of your property was transferred to a housing association you may be eligible for a Preserved Right to Buy (PRTB) for your property. This will only apply if you are still the tenant of the same property before and after the transfer.
You do not have the right to buy if:
you are an assured tenant of a registered social landlord (RSL) and do not possess a PRTB
your home is rented in relation to your employment
the courts have issued a possession order for you to leave your home
you are undergoing bankruptcy proceedings
you live in housing specially provided for older people and (in certain cases) disabled people
Secure council tenancies Discounts available
The amount of discount depends on how long you have been a tenant. For example if you have lived in a house for five years the discount is 35 per cent of the market value of your house. If you have lived in a house for 20 years the discount is 50 per cent.
However, the discount is limited to the maximum amount available for your area. The maximum discount ranges from £16,000 to £38,000 for both flats and houses depending on where you live. To find out about the discount available contact your landlord.
If you sell the property between within five years of buying it, you may have to pay back the discount.
Read the booklet ‘Your right to buy your home’, available from the link below, before applying for the Right to Buy scheme. It gives more details about the discounts for each area of the country as well as details about the other rules that apply to the scheme.
Buying your home is a major financial commitment which will involve immediate one-off costs such as legal fees and Stamp Duty Land Tax as well as new ongoing costs such as paying the mortgage, repairs and service charges. You can use the article ‘Planning for buying a home’ to help you work out some of the potential costs involved in buying your home.
Some councils offer a cash incentive scheme to tenants who move to smaller or private accommodation. To find out more contact your local council.
Planning for buying a home Find your local council How to apply
You can download an application form from the link below or you can obtain an application form from your landlord.
Download the Right to Buy application form (RTB1) The following link will let you enter details of where you live and then take you to your local authority website where you can look at the discounts that apply in your area, and where to send your application form.
Make an application under the right to buy scheme (opens new window)
http://local.direct.gov.uk/LDGRedirect/index.jsp?LGSL=151&LGIL=0&ServiceName=Make an application under the right to buy scheme
Ask your housing association, different associations have different rules.
References :
It should be possible, but it depends how long you have been living there. Ask your Housing Association if you qualify for their "right to buy" scheme.
References :
Dont you think that if your partner sold his own house it would be easier. You can make a bid with your local councilfor the house you live in separately.
Why do you want to confuse the issue by combining these actions. Keep the apart and deal accordingly.
References :
The Right to Buy scheme
The Right to Buy scheme gives eligible council tenants the right to buy their property from their council at a discount. Tenants of housing associations who hold the preserved right to buy (PRTB) may also be eligible for the scheme.
Are you eligible?
If you have been a secure council tenant for at least two years (or five years if you became a tenant after 18 January 2005) you are likely to have the Right to Buy your council home at a discount.
If your were a secure tenant of a local authority and the ownership of your property was transferred to a housing association you may be eligible for a Preserved Right to Buy (PRTB) for your property. This will only apply if you are still the tenant of the same property before and after the transfer.
You do not have the right to buy if:
you are an assured tenant of a registered social landlord (RSL) and do not possess a PRTB
your home is rented in relation to your employment
the courts have issued a possession order for you to leave your home
you are undergoing bankruptcy proceedings
you live in housing specially provided for older people and (in certain cases) disabled people
Secure council tenancies Discounts available
The amount of discount depends on how long you have been a tenant. For example if you have lived in a house for five years the discount is 35 per cent of the market value of your house. If you have lived in a house for 20 years the discount is 50 per cent.
However, the discount is limited to the maximum amount available for your area. The maximum discount ranges from £16,000 to £38,000 for both flats and houses depending on where you live. To find out about the discount available contact your landlord.
If you sell the property between within five years of buying it, you may have to pay back the discount.
Read the booklet ‘Your right to buy your home’, available from the link below, before applying for the Right to Buy scheme. It gives more details about the discounts for each area of the country as well as details about the other rules that apply to the scheme.
Buying your home is a major financial commitment which will involve immediate one-off costs such as legal fees and Stamp Duty Land Tax as well as new ongoing costs such as paying the mortgage, repairs and service charges. You can use the article ‘Planning for buying a home’ to help you work out some of the potential costs involved in buying your home.
Some councils offer a cash incentive scheme to tenants who move to smaller or private accommodation. To find out more contact your local council.
Planning for buying a home Find your local council How to apply
You can download an application form from the link below or you can obtain an application form from your landlord.
Download the Right to Buy application form (RTB1) The following link will let you enter details of where you live and then take you to your local authority website where you can look at the discounts that apply in your area, and where to send your application form.
Make an application under the right to buy scheme (opens new window)
http://local.direct.gov.uk/LDGRedirect/index.jsp?LGSL=151&LGIL=0&ServiceName=Make an application under the right to buy scheme
References :
http://www.direct.gov.uk/en/HomeAndCommunity/BuyingAndSellingYourHome/HomeBuyingSchemes/DG_4001398
Lots of differences in where you are, how long you have been a tenant, why not ask the housing association first.
References :