Right to buy

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 by government which is £84,600 for applications received after 6th April 2021.

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.

When returning your application form (RTB1) and in order to speed up the overall process we ask that you include;

1. A completed additional information form
2. Photo ID for all people wishing to purchase the property
3. Evidence that you have spoken with a mortgage advisor or bank to find out the maximum amount of money you could reasonably lend based on your current income. This is not a mortgage in principle and will not require a valuation of the property. If you are a cash buyer please provided evidence of the funds and where these have been acquired from.
4. Last 3 months bank statements for all accounts of all persons purchasing the property
5. Proof of address, this will need to be for at least the past 12 months for any non named tenant.

Whilst this will not hold up the initial part of your Right to Buy, if not received, it will prevent any Section 125 offer of sale price being issued.

Should you wish to find out more about the right to buy you can visit the government right to buy website.

Useful information: Right to Buy Guide pdf

To apply please complete the  Right to Buy Application Form pdf and the Right to Buy Application - Additional information form pdf.

Once you have completed your forms, please return to homeownership@brentwood.gov.uk. Alternatively they can be posted to Town Hall, Ingrave Road, Brentwood, CM15 8AY.