Buying Your Rented Home – the Right to Buy Scheme
If you are a secure tenant you may have the right to buy your home. A secure tenant is a tenant who is not an introductory tenant and who has not breached any court orders we may have obtained against them. Your housing officer will be able to advise whether or not your tenancy is secure. The exceptions to this are some people who live in sheltered accommodation with a warden and some properties that have had extensive disabled adaptations carried out.
The price you pay for your home will be based on the current market value but discounted to take into account the amount of time you have spent as a public sector tenant.
You should also be aware that in 1999 the Government introduced a cap on the maximum discount that tenants may receive. In Charnwood the maximum discount currently stands at £24,000 whatever the valuation of the property.
If you apply for the Right to Buy there are strict timescales regarding how much time you have to decide whether to continue with your application. If you do not respond in time you will need to re-apply and if the value of your home has gone up in the meantime then the amount you have to pay may also have gone up.
If you would like further information, please contact us on 01509 634666 and ask us to send you a copy of a booklets produced by the Government. Alternatively you can download them using the following links “Your Right to Buy your home,” and if you live in a flat there is a second booklet, “Thinking of buying a Council flat?”.
A Right to Buy application form can be downloaded from Charnwood Borough Council's website. Completed forms should be returned to:
The Right to Buy Officer
Property Services
Charnwood Borough Council
Southfields Office
Loughborough LE11 2TT. Tel: 01509 634621.




