As a public sector tenant, you may be able to buy your home at a discounted price.
In general, most Stockport Council tenants will be eligible for the Right to Buy scheme and most Stockport Homes tenants will be eligible for the Right to Acquire. However, some tenancies and/or homes will be exempt. There is more information, including on discounts available, on the Government’s websites.
https://www.gov.uk/right-to-buy-buying-your-council-home
https://www.gov.uk/right-to-acquire-buying-housing-association-home
You don’t have to make a Right to Buy application alone. You can make a joint application. So if you’re eligible, you might be able to buy your home with:
Someone who shares your tenancy and is a named joint tenant;
Your spouse or civil partner
Up to 3 family members who’ve lived with you for the past 12 months and your home is their only or main home. They don’t have to be on your tenancy agreement but will need to prove they meet the stated criteria.
Right to Buy scheme discount is based on:
- How long you have been a tenant with a public sector landlord (Council, housing association etc.)
- The type of property you are buying
- The value of your home
If you sell your home within five years of purchase under the Right to Buy scheme you will have to repay some (if not all) the discount.
Right to Acquire scheme discount is a fixed figure based on the Local Authority area in which you live.
If you are a tenant living in a Stockport Council or Stockport Homes property and would like to know more and/or find out if your tenancy and/or property are eligible you can email [email protected] or ring 0161 474 3238.
