Right to Buy
The Right to Buy gives most Council tenants the opportunity to buy their home with a discount off the full market value of the property.
Secure tenants of Brentwood Borough Council can buy their Council home through the Right to Buy Scheme subject to certain conditions. There are costs involved in purchasing your home that we are unable to help you with such as:
- mortgage repayments
- leaseholder charges
- building insurance
- repairs and maintenance
You may also be charged fees for the necessary services of solicitors, valuers and surveyors. Before you consider purchasing we recommend you find the price of similar properties in your area. You can find out prices from the Land Registry website (House prices). You may have to pay a small charge for this information.
Who has the right to buy?
If you are a secure tenant you can usually buy your home through the Right to Buy Scheme subject to certain conditions.
You do not have the Right to Buy until you have been a public sector tenant (not a private tenant) for at least three years.
Previous public sector tenancies may also be taken into consideration, along with certain other criteria you will have to meet.
You can find lots of helpful information in 'Thinking of Buying Your Council Property'
If you are eligible you will qualify for a discount. The discount will be based upon the current market value of your home. The discount starts at:
- 35% between 3 and 5 years tenancy for houses and rising by 1% for each year you have been a tenant, to a maximum of 70%
- 50% between 3 and 5 years tenancy for a flat and rising by 2% for each year you have been a tenant, to a maximum of 70%
Your discount cannot be greater than the maximum discount currently allowed.
If major repairs or improvements have been made to your home in the past, the purchase price may be affected. The discount may also be affected if you have previously purchased a social housing property with a discount.
If you would like a Right to Buy Application form you can download and print all required documents below. Once you have completed them please return to firstname.lastname@example.org. Alternatively they can be posted to Town Hall, Ingrave Road, Brentwood,CM15 8AY.