Hi Luigi, you’d need to check this with NCH. MANY THANKS We have been housing association tenants for 20 years with no RTB so would like to move to council housing which offers this. There is no adaptations made for disabled people. If you sell your home within five years of purchasing it you will have to repay the discount. Check your paperwork for a definitive answer. I detect a bit of the green-eyed monster Matt. You had a public sector landlord for three (3) years (e.g. My question is this,How many times does the property have to be offered back to the council once they have previously said that they didn’t want it ? It might be because if the sale hasn’t been completed the first time it has to go back again. I have lived in my housing association ( clarion housing) property for 18 years. In this case, council house discount often reduces if: Note: There is no discount if the landlord spends more money on the property than its market value. The discount increases by 1% after 5 years for every extra year you have been a public sector tenant. ‘if i buy an ex council leasehold property am i then able to let said property say 10 years in the future?’. Take a look at the Right to Buy website for more information. Have you been a council tenant for at least five years (it doesn’t have to be five years in a row)? Would you be able to let me know as soon as possible please and if I am eligible can you send me the forms please. https://righttobuy.gov.uk/agent-service/. If you are concerned that you have a poor credit rating, there are ways you can improve your credit rating before applying for a mortgage. Now, I am an Assured tenant of a Housing Association property and am in a Civil Partnership, but do not have a joint tenancy with my partner. I hope you are refused personally! Can you confirm you have no outstanding possession orders against you? As a rule, their independent valuation is free of charge. Where to get financial and legal advice and what to do if an application gets delayed. You can apply to your council for the right to buy your council home. Thank you, Hi Maria, Yes after 3 years you’ll have to pay back some of the discount, but after five years I understand you can usually sell the property without repaying any discount, but may have to offer to sell it back to the council first. You might get a sale price reduction if they delay the purchase completion. I would like to help my mum buy the housing association property we have lived in for 25 years. Hi You can appeal to the First-Tier Tribunal (Property Chamber - Residential Property). Rightmove, Zoopla and the rest: which is best? Hi, Five years ago, I completed the purchase of my home from the council through the Right To Buy scheme. Thanks for your query. Contact Clarion to find out if yours is. It would be best to raise your query with the Council concerned, and we would be happy to look into this further for you if you were to become a member What happens to my home when I get a divorce / separation? Would you be able to let me know as soon as possible please and if I am eligible right to buy after three years can let me know please. Many thanks. We will focus on right to buy in this section. I have accepted the offer and the property has been valued and has now gone to commitee to approve the release of funds to buy the flat my question is would there be any charges if I back out of selling after the funds to purchase the property have been released by NCH ? Thank you. The Council are now doing the Better Homes programme and improving their kitchen.bathroom. Hello Karine, there are only very limited circumstances in which you can now buy your housing association property. Can i rent the property out once i have purchased it? Buying a new build home - problems and top tips, How to fix problems in your new build home. I've recently come into some money and this has now changed the prospects considerably. Regards. If you disagree with your landlord's offer you should contact them and explain why. I am surprised that the Estate Agent wasn’t aware of this. You may feel that your landlord set the market value too high for your home. i cannot find and help any where for people in my position,,, no job,,, less than 10% likely hood of ever having one again and no where to go. To find out if you may be entitled to a discount on the share that you purchase, please check your tenancy agreement. Some mortgage lenders may require a deposit, whereas others may be satisfied with the equity in your home. I have been served with a notice to quit, which has meant that I have to end my employment contract and tenancy for my flat on the Isle of Man (I couldn’t afford to live here without a job). How to make my home more valuable and sell faster, Estate Agents' contracts - what to watch for, How to resolve disputes with estate agents: a guide for sellers, How to go about selling your house online, The legal side of selling a home explained, Questions to ask your conveyancing solicitor before you instruct, difference between leasehold and freehold properties, How the government can help you buy a home. Regards. Former landlords can limit who you sell your bought council home to. Does this pose a problem for our application? I have Power of Attorney over both financial and health/welfare for my mother, but the officer from the RTB section of the council warned me that if she had to go into residential care within the 5 year period after purchasing her property then the discount would have to repaid. You must be a secure tenant or a flexible tenant. They will determine how much the property is worth. Her parents are protected as the terms of the loan mean that they repay nothing until their deaths and it won’t exceed the sale price of their home.. I would like to move to a new area. Are there any ... Our son is hoping to move from his flat to a house. hi does anybody know the discount on buying your council house lived in this house 29 years but having no luck to the discount .just need rough idea as been told so many different prices.need to find somebody that has purchased one.many thanks, My father has had council property for 45 year he’s wanting to buy for grandson as he lives with him would he be able to buy with help off his daughter as this has been his home for 40 year and what discount is he entitled to thanks x. I had a council property for 3 years. To be sure though, it would be worth speaking with one of the advisers on the Right to Buy helpline on 0300 1230913. *Just to stop bots. i,ve been a council tenant for 30 years.20 years with one council and 10 years with another wot discount will i get?as i want to buy my council house. Although it is very similar the discounts are considerably smaller. Every eventuality has to be taken care of. Dear Chris – You can make a certain level of gifts each year without tax implications. Service charges and maintenance companies. @phil Fryer I woudl go for an appointment at your local citizens advice in some cases they can talk to the council direct or negotiate on your behalf. I have been turned down as I haven’t lived in the house from 1998 apparently. However, there are different rules for Wales, Scotland and Northern Ireland. The discount increases by 2% after 5 years for every extra year you have been a public sector tenant. will i be penalized for doing so. Unless you can pay for it outright, if you want to buy your council house you’ll need to apply for a Right to Buy mortgage. There are other ways you can buy your council home. There are risks to owning a home and it is important to get independent mortgage advice to help you decide if you can afford to buy. If they agree to sell the property they will send you an offer. the rtb property within the 5-10 year mark? You can speak to the Right to Buy helpline to find out more and to find out how to get a calculation of how much would have to be paid back. Or are there legal rules on money lending I need to adhere to? You won't be allowed to get a mortgage on that house. The discount gets based according to the market value of your home. Note: You can repeat this action each time your landlord delays their response to you. I am 68 can I still buy my counsel flag,been in it twenty years. I’ve asked for the district valuer to come out, but I can’t seem to get a straight answer from anyone to what happens if I do not agree with their valuation. My mother in law died two years ago but bought her council flat a year previously the flat after probate belongs to my wife and her sister as surviving children would they have to pay back anything to the council if they sold the flat under the right to buy 5 year rule. The person who shares your council tenancy. building subsidence). Re: Paul B. CONTACT | so i will lose any value left at all. Speak with your accountant for specific tax advice for your situation. It should also state that the maximum amount of interest and capital under the terms of the loan that will be repayable will not exceed the net sale price of the bungalow (if there are other children then that bit is important as they could see their share of any other assets – say a bank account – being taken by one child to meet a shortfall if there is one and that won’t be good for family relations). Can i buy the flat? For example, there are significant implications of transferrin… It’s been nearly a year now I’ve purchased my council property through Right to Buy Scheme. HomeOwners Alliance Team. Use the eligibility checker on the Right to Buy website to find out if you can apply. We have recently been informed that as the property is ex-council and within the 10 hear period it has to be offered back to the council first. Just say it’s worth £100K after the discount. I’m aware that her condition could deteriorate where she may need 24 hour care and I’m looking at the possibility of me providing that care as she has consistently stated that she never wants to go into residential care. We would always recommend seeking independent legal advice in this situation, as there are further implications to be aware of. This means you become the outright owner of your house and the land it is on. If you answer yes to the following questions you are probably eligible: There are a few issues you will want to think about before buying your council home. In the last 10 years: Your landlord built or acquired your home before the 2nd of April 2012. The highest discount is 70% which relates to £84,200 in England or £112,300 in London boroughs (whichever is lowest). You pay back: If your application has been accepted your landlord will set out in writing: If you are happy with this you have 12 weeks to accept. Buying your home through the Right to Buy mortgage scheme is similar to buying a property on the open market. The next step is to ask your landlord to get an independent valuation. An overview of schemes PRIVACY | This really depends on what stage you are at and what the property has been valued at. Thank you. They have lived in the property for over ten years. Once you have purchase your property on the RTB from the council. About 23 years ago the council added a downstairs bedroom and bathroom as my mother became disabled. However, I would suggest you speak to a tax lawyer about this and what the opportunity might be for you. In the next 5 years I plan on owning my house outright by overpaying the mortgage and then I can look to be one of these people that have a nice car in a council house. can you rent your council house in the first two years, Hi I am wondering if any one could help me . You can also share the right to buy with up to 3 family members who have lived in your home for the last 12 months. I realise that once purchased all Housing/Council Tax benefits will cease and full payment for her existing care package will be necessary. The Right to Buy scheme is a procedure for buying your council home at a discounted price. Please note that the discount will not be given if you are buying the property outright. A counter notice states they have already replied or it explains why they are unable to speed things up. There are rules to follow if you sell your council home within ten (10) years of buying it through the Right to Buy scheme. I had it valued by a estate agent and the council have offered £22k less. I am lucky enough to have inherited my home and own it outright. If you sell within the first year, you’ll have to pay back all of the discount. I would like advice on whether we should stay and wait to buy the HA property if it gets picked to be in the pilot or look to buy elsewhere instead? How the government can help you buy a home. It gives tenants the right to buy their homes at a reduced price and is available to all housing association or social landlord tenants, as long as your landlord is taking part in the scheme. a council, a housing association, or the NHS trust). Selling a Right to Buy home within 5 years of buying it means you have to pay back some (or all) discount you received. Council house discounts increase in April each year. Thanks. i have been vebally offered a valuation on my flat by the local authority Nottingham City Homes . I have lived in my housing association property for over 20 years and there is no RTB. You can also apply for a joint Right to Buy mortgage with another person. Her parents have to be able to say “there’s the agreement and we’re safe in out home, or another home, until we die”. I have had my house valued twice before and I am on the 3rd time at the moment but can’t get the money till the end of the year and I have 6 weeks to get back to them is this my final chance or can I still do it after this time expires? Will I be able to then sell on the open market or will I be forced to either keep the property or sell to them at the lower price? After year 3 it will be £133,100. Will all the years I’ve been in both properties count towards a discount when using right to buy? Do wigan council buy back ex council property’s as thinking of selling mine want to know if they back back or not. RIGHT TO BUY: As a council house tenant, you can usually apply to buy your council home providing: You can also make a joint application to buy your council home with: Some councils sell off their homes to another landlord even while you live in it. This is very frustrating. That’s rolled up and she won’t see it until the bugalow is sold. I thought of letting it out and sell it in a couple of years. You must first agree this with your landlord and then you may need a solicitor to complete the sale. They will say yes or no within four weeks, If your landlord agrees to sell, they’ll send you an, How much they think you should pay and how the figure was worked out, A description of the property and any land that is included, Estimates of any service charges (if it is a flat or maisonette) for the next five years, any known problems with the property’s structure, eg subsidence.