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Right to Buy

Right to Buy

 

On 24th September 2015 the National Housing Federation (NHF) announced that it had made an offer to work with the Goverment on the extension of the Right to Buy (RtB) to Housing Association tenants.  The NHF suggested that Housing Associations voluntarily agree to implement the RtB rather than legislate it.  Elim voted in favour of this Voluntary Right to Buy (VRtB).

In November 2015, the Government launched a six month pilot of the Voluntary Right to Buy with five Housing Associations, these pilots are underway and they will run to January 2017 but an evaluation report is due in September 2016.  The Housing Associations were selected because they operate in different types of markets across England.  Elim is not part of this pilot.

No implementation date for the Voluntary Right to Buy has been announced. We were anticipating that The Housing and Planning Act 2016 would outline the Voluntary Right to Buy process, however it does not contain measures to implement a statutory RTB for housing association tenants. At this time, we do not have enough information about how the process for Voluntary Right to Buy will work.

We do know that the decisions over which properties may be exempt from the voluntary RTB will be left up to each housing associations board, if there is good reason why a tenant cannot be sold their current home we can work with tenants to find them somewhere else to buy.

Examples of circumstances where associations may exercise discretion over sales include:

  • properties in rural areas
  • supported housing adapted for special needs tenants
  • properties provided through charitable or public-benefit resources
  • specialist properties of historic interest
  • properties held in a Community Land Trust.

 

We will provide residents with further information as it becomes available.  In the meantime, we are asking any residents who would be interested in purchasing their home through this scheme to let us know. You can do this quickly and easily by completing the form below.

There is no cost associated with registering your interest using this form.  However, if in future you choose to proceed with a Right to Buy application there will be administration fee of £250. This fee is non-refundable but will be deducted from the sale price of a property if a sale is completed.

 

 

Right to Buy enquiry

Note: Questions marked by * are mandatory

Please note that the £250 application fee will be deducted from the purchase price at completion. If the purchase does not go ahead the application fee will not be refunded.

*Spam Guard: two minus one equals? (type in words)

 

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