Through the Right to Buy scheme, you can purchase your home at a discounted price, lower than the full market value. To see if you can apply, check out the eligibility checker on the Right to Buy website.
The maximum discount is £84,600 across England (except in London boroughs where it is £112,800). It will increase each year in April in line with the consumer price index (CPI).
The discount is based on:
- How long you have been a tenant with a public sector landlord
- The type of property you are buying
- The value of your home
When buying a home on someone else's behalf, you count the years of whoever has been a public sector tenant the longest. In most cases, you will have to repay some, if not all, of your discount if you sell your home within five years.