Thank you. Now, I am an Assured tenant of a Housing Association property and am in a Civil Partnership, but do not have a joint tenancy with my partner. Hi, Five years ago, I completed the purchase of my home from the council through the Right To Buy scheme. Hi I am wanting to buy my parents council bungalow for them and make some changes to the property ie. Hi You then have another 12 weeks to either accept their valuation or withdraw from the sale. The first step is to fill in the 'Initial notice of delay form RTB6' and then send it to your landlord. I want to buy a house for my son with a cash payment. Could this impact upon the purchase? If you sell it within the first 12 months you will have to pay back all the discount. You can speak to the Right to Buy helpline to find out more and to find out how to get a calculation of how much would have to be paid back. We do not currently have the right to buy because of the type of tenancy we have. As my property is worth more than hers, can I re-mortgage my house and lend her the money to make her purchase? can you rent your council house in the first two years, Hi I am wondering if any one could help me . Hello to you There is no adaptations made for disabled people. I own a third of a shared ownership property with a housing association, would I be eligible for a right to buy discount on the remaining two thirds as I have lived there for 10 years and would like to buy the rest? I am 68 can I still buy my counsel flag,been in it twenty years. Your appeal to the tribunal must occur within 56 days of having your application turned down by the council. She suffers from early stage dementia and requires carers 3 to 4 times a day. Help To Buy ISA vs Lifetime ISA If I did move under the scheme and moved to a 1 or 2 bed flat on social rent, would I still retain my 15 years as a secure council tenant and be able to buy the new flat with a RTB discount at some point, or will I start from the beginning again as a new tenant because I moved address/ borough? What if you get stopped from the right to buy your council home? If your parents plan to sell their house to you for under market value, they will essentially gift the rest of the property to you. My grandfather has been a council tenant for over 50 years so he is entitled to the highest discount .Me and my husband would like to buy the house to keep it in the family – would this be possible to buy it with he’s discount ?? Nicola cannot legally buy the property on their behalf if she lives elsewhere. Hi,Could you please help? My friend wants to buy her council house but is not able to get a mortgage. You have a secure tenancy agreement. SITEMAP. Does this pose a problem for our application? If you wish to accept the offer, you will need to arrange for a mortgage and to instruct a solicitor. Your landlord acquired your home after the 2nd of April 2012. There are also problems with a secret agreement – if things go pear shaped between the borrower and the lender then getting it enforced by a court when the object of the agreement is to defeat another bit of law that’s designed to prevent it from happening will be “difficult”. Will the Council take this money off the purchase price? So will the council accept a payback scheme for the remaining the discount to be paid back? I am unable to find a definitive answer to the following question: The owner (approx 2 years) of a council flat dies. This is very frustrating. You can speak to them on 0300 123 0913. my mother is buying her council home.once completed can we then put the property into Trust ? Usually, if your home is a house, you can buy the freehold of the property from the council. The discount increases by 1% after 5 years for every extra year you have been a public sector tenant. But, different rules apply for Scotland, Wales, and Northern Ireland. Dear Chris – You can make a certain level of gifts each year without tax implications. *Just to stop bots. There are exceptions in some London boroughs where the top discount could be £112,300. I have owned a council property for 9 years , are the council actively buying back any council properties under the 1st refusal 10year policy, if I wish to sell it within the ten year period? – Helping our members – when Right to Buy turns sour The next step is to ask your landlord to get an independent valuation. Will she be able to buy the house? A full description of the property including any land that is part of the deal. This really depends on what stage you are at and what the property has been valued at. Thanks. There are certain situations where you do not have to pay back council house discount. The agreement should also state that no interest or capital is payable until the property is sold. Hello Karine, there are only very limited circumstances in which you can now buy your housing association property. If your home is on a council estate you may have to pay a share of the cost of maintaining and improving the communal areas on the estate. Nope you can't do that. There are sites like righttomove which have the current market values but am unsure if council homes are valued lower than private homes? This guide explains the scheme, who is eligible, how to apply and next steps and things to watch, The Right To Buy scheme allows secure tenants of council homes and housing association properties to buy their home with a significant discount. Is an Energy Performance Certificate (EPC) important for selling my home? Bathroom refurbishment: where do I start? They have lived in the property for over ten years. However, I would suggest you speak to a tax lawyer about this and what the opportunity might be for you. Every eventuality has to be taken care of. PRIVACY | After taking advice I discovered that she could be loaned the money in order to buy it outright without a mortgage and that through creating a “Deed of Trust” she could pass on the property to whoever she wished after her death to bypassing any last will and testament she has made. How to find the best tradesman for the job, Got a tradesman already? The properties are often sold to a housing association. We know the house and the sellers well. I understand that I can’t sell it yet without loosing part of my discount. CONTACT | We put in an offer on a flat that was on the market,the offer was accepted and we proceeded to have a survey carried out along with the usual searches and instructed a solicitor,we even paid the agent a deposit to take it off the market.This all took place mid October 2019. Are there any ... Our son is hoping to move from his flat to a house. I have been living in this council house for about 4 years and 8 months and I was wondering if I have the right to apply to buy it. We’re in the final stages of the RTB process, have the Section 125, and our solicitor is almost ready for my mother to sign the required paperwork before the monies are transferred. The only difference between Right to Buy and Right to Acquire is that right to Buy applies to council house tenants and Right to Acquire applies to housing association tenants. We would always recommend seeking independent legal advice in this situation, as there are further implications to be aware of. There are other ways you can buy your council home. I have lived with my parents in this house since 1985 I became the tenant after my mother died in 2014. You could remortgage your house and give her the cash to buy it outright and then she pays you back. Right to Buy was first launched by Margaret Thatcher in 1980 to help council tenants get on the property ladder. relocation would have been ideal but it takes forever!! The 'Preserved Right to Buy' scheme means you may still have the Right to Buy this type of home. Thanks for your query, please have a look at our recent article’s: I am about to move to a council property (3bedroom flat) from 70s, second floor. I have lived in my housing association ( clarion housing) property for 18 years. In the last 10 years: Your landlord built or acquired your home before the 2nd of April 2012. for the latest news, advice and exclusive money saving offers, The HOA Step-by-Step Guide to Buying a Home. Approximately 2 million home have been sold in this way over the last 30 years, Use this calculator to work how much discount you are due. Hello Samira, you can get quotes at this link. Many thanks, I have 30 years in one council property and 10 years in another council property what discount will i get. You had a public sector landlord for three (3) years (e.g. It might be because if the sale hasn’t been completed the first time it has to go back again. An opportunity has arisen where I could buy a house which is very close by. Am I able to gift them the money to buy it so they can buy it mortgage free and they will no longer have any rent to pay on the basis that they give me the house in their will when they both pass? I have been a tenent for 30 years how much discount would i get . Im thinking of buying my council can I rent it out within the 5 year period? With shared ownership, you buy between a quarter and three-quarters of a property. –. They give people who are renting through L&Q an opportunity to buy their home outright or through shared ownership. I bought my council flat nearly 2 years, can I rent it out within the 2 year period? @phil Fryer I woudl go for an appointment at your local citizens advice in some cases they can talk to the council direct or negotiate on your behalf. I would like to help my mum buy the housing association property we have lived in for 25 years. You might get a sale price reduction if they delay the purchase completion. I am surprised that the Estate Agent wasn’t aware of this. She is 90 years old and claims Housing/Council Tax Benefit so is unable to purchase the house with her own funds. I have been turned down as I haven’t lived in the house from 1998 apparently. Are you a council tenant or were when you home was sold to your current landlord? For example, there are significant implications of transferrin… The discount increases by 2% after 5 years for every extra year you have been a public sector tenant. Can i buy my disabled bunglow. If you sell after the first year, the total amount you pay back reduces. Wish you the best of luck with your move. if i buy my flat how long must keep it before i could rent it. Can the council dictate how much you can borrow. Once you have put your application in you are automatically entitled to a 35% discount through the right to buy rules. They must make this offer within 8 weeks of agreeing to sell if you are buying a freehold property. HM Revenue and Customs will send a district valuer to visit your home. If your property is part of a block you may have to pay a contribution to any works the Council decides to do to shared or common areas.