Asked by: Nosa Pfeiffer
business and finance real estate industry

Can the Council refuse my right to buy?

25
A local authority can initially accept that the tenant has the right to buy, but can then refuse to complete the sale if any of the circumstances below apply: where the council has obtained a 'suspension order' under section 121A of the Housing Act suspending the right to buy because of anti-social behaviour [21]


Herein, how do you qualify for right to buy?

Qualifying period You must have been a public sector tenant for at least 3 years in order to qualify for the Right to Buy. If you live in a house, you can get a discount of 35 per cent after 3 years tenancy. You also get 35 per cent after 4 and 5 years tenancy.

Additionally, do you have right to buy with Assured Tenancy? If you are an assured tenant of a registered provider, such as a housing association, in normal circumstances you do not have the Right to Buy (although you may have the right to purchase your home under another scheme – ask your landlord if you are unsure).

Also to know is, can you let out a right to buy property?

Under the right-to-buy, tenants may purchase their council homes at discounts of up to £75,000 (£100,000 in London), but there are no rules prohibiting the new owner from then immediately letting the property out.

Do I need a deposit to buy my council house?

No Deposit Needed On Many Council Right To Buy Purchase Mortgage Schemes. Since the Right to Buy scheme was introduced by Margaret Thatcher`s government in 1980, social housing tenants have had the right to purchase their council house at a discount.

Related Question Answers

Donnie Cobeño

Professional

Is Right to Buy ending?

Right to Acquire will end in Wales for all Council and housing association tenants on 26 January 2019. Right to Acquire is a scheme offered in England and Wales for housing association tenants who don't qualify for Right to Buy.

Maye Tomfort

Professional

Can my son buy my council house for me?

It's possible for a tenant to remain eligible for the discount and buy jointly with up to three family members, as long as they have lived in the property for the past 12 months. The fact that your children are living at home should, therefore, enable them to buy jointly with you.

Glorificacion Toms

Professional

How long does the right to buy process take?

You have 12 weeks to accept its valuation or pull out of the sale. Your landlord must complete parts of your Right to Buy application within four weeks. You could get a reduction in the sale price if it doesn't complete the application in time.

Cleopatra Pico

Explainer

Can I buy my council house for cash?

Your council or housing association may offer a cash incentive scheme to help you buy a home on the open market. You need to agree to give up the flat or house you rent from the council or housing association to apply for a cash incentive payment. Schemes have different names, such as: home purchase grants.

Xiaojie Koppolu

Explainer

Can I buy my council house while on benefit?

Yes, you can buy your council house whilst on benefit but depending on the way in which you buy it you may no longer be eligible for housing benefits as you are now a homeowner.

Setti Zheglov

Explainer

What is the cost floor rule?

Cost floor rule
A special limit on the amount of discount may apply if the property is newly built or acquired, or where there have been improvements, repairs or maintenance work on the property. This is known as the 'cost floor rule'.

Stoil Weizenegger

Pundit

How much discount do you get to buy your council house?

Explanation of the right to buy discount
Once you have put your application in you are automatically entitled to a 35% discount through the right to buy rules. This discount can go up to a maximum of 70% off the market value of the property or £82,800 which ever come first.

Kelly Elow

Pundit

Can I buy my mums council house for her?

No. Only the tenants can apply to buy a house under the Right To Buy. A lender would not give you a mortgage for a property in someone elses name. Your parents getting a mortgage is not out of the question, plenty of people in their 50's manage to do it when they want to move house as their needs change.

Kostas Angenfort

Pundit

Can I buy my council flat after 3 years?

How do I know if I'm eligible for Right to Buy? You probably have the Right to Buy if you're a secure council tenant and have spent at least 3* years as a public sector tenant. The 3 years doesn't have to be continuous and you can add together any time you have spent as a public sector tenant.

Apolinario Gertler

Pundit

Can I put my daughter on my council tenancy?

The answer is Yes but you will first need to get the Housing Executive or housing association's permission to create a joint tenancy. When you add someone to your council tenancy they will become jointly liable in the agreement with you.

Diadji Vinueza

Pundit

Can you rent out council property?

Under changes being introduced in October, council house or housing association residents will able to let out their rooms to gain thousands of pounds in tax-free rent, and keep their benefits.

Fala Woodland

Teacher

How long after buying my council house can I sell it?

Reselling the property
You'll have to repay some or all of the discount if you sell your home within 5 years of buying it. If you sell within 10 years, you must offer the property back to the council or a housing association before you can sell it on the open market.

Idali El Abbadi

Teacher

Am I entitled to benefits if I own a house?

You might be able to get Housing Benefit to help pay your rent if you're on a low income or you claim benefits. Housing Benefit is paid by your local council. If you own your home, check if you can get help to pay your mortgage interest instead. Most people can't make a new claim for Housing Benefit.

Irmina Cardetas

Teacher

Do you pay stamp duty on Right to Buy?

Stamp duty
This is a one-off tax you pay when you buy a property. The amount is based on a percentage of the purchase price and varies according to the property value. Stamp duty does not apply to properties under a certain value.

Hermann Kanive

Teacher

What is a preserved right to buy?

Ex-council homes (Preserved Right to Buy)
Most housing association tenants do not have the Right to Buy. But if you were a secure council tenant and were living in your home when it was transferred from your council to another landlord, like a housing association, then you may have a 'Preserved' Right to Buy.

Patrizia Terfloth

Reviewer

Can I rent out my council house after I buy it?

Yes, you can let out a house you have bought, it doesn't matter whether you bought it from the council or a private individual.

Leize Schickendanz

Reviewer

What's the difference between council and housing association?

Council housing is usually part of a large estate. Housing Association property is usually part of a smaller estate, or a house on a street. You can have support in your home if you choose to rent in social housing.

Urgell Wegener

Reviewer

Is an assured tenancy for life?

an assured tenancy - meaning you can normally live in your property for the rest of your life. a fixed-term tenancy - usually lasting for at least 5 years (your landlord will decide whether it's renewed)

Marisabel Laureano

Reviewer

What is the difference between an assured and secure tenancy?

The main difference is that assured tenants do not have the Right to Buy but instead may have the Right to Acquire. As a secure tenant you can live in your home for the rest of your life as long as you comply with your tenancy agreement. Assured tenants have the following rights: have your home repaired.

Co-Authored By:

EveryThingWhat Staff Editor

9

6th January, 2020

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