What is the Right To Buy and the Right to Acquire?

What is the Right To Buy and the Right to Acquire?

These government schemes help eligible council and housing association tenants in England to buy their home with a discount. The longer you have been a tenant the more discount you are entitled to.  

If you were a GCH tenant before 16th March 2015 you may have the Right to Buy and could be eligible to receive a discount up to £84,200. If you moved into the property after 16th March 2015 you may have The Right to Acquire and could receive a discount up to £10,000. 

Please bear in mind that some homes cannot be bought and that there are exceptions. 

Am I entitled to Right to Buy? 

If you have been a tenant of GCH since before the 16th March 2015, you may have the Preserved Right to Buy. There are some exceptions so please contact us to check your eligibility.  

Please note that the Right to Buy is different on our brand new properties. This is because we are unable to sell these for less than they cost to build. This rule applies for 15 years after the property is built. Please bear this in mind if you move from one of our existing properties to one of our new homes. 

You can find out more about buying your home from The Department for Communities and Local Government website

What is Right to Acquire 

If your tenancy with GCH started after 16th March 2015, you will not have any Right to Buy. You may be entitled to the Right to Acquire your property though.

Am I entitled to Right to Acquire? 

If you have become a tenant after 16th March 2015 and have a least 3 years tenancy with any Public Sector Landlord, then you may have the Right to Acquire your home. You can contact us to check your eligibility. 

You can find out more about buying your home from The Department for Communities and Local Government website