If you are a Secure Tenant you may be able to buy your home under the Right to Buy (RTB) scheme.
Buying your Council home
The RTB is a government run scheme that allows some tenants to purchase the property that they rent from the Council. Eligible tenants can receive a discount of up to £84,200 off the market value. (This discount is subject to change and applied at the start of a new financial year.)
Discounts start at 35% if you live in a house
If you are the tenant of a house, you could qualify for a discount of 35% off the market value of your home after you have held a public sector tenancy for a total period of 3 years. This discount is fixed at 35% until you have held your tenancy for 5 years.
After this 5 year period the amount of discount will increase by 1% for each year of your tenancy up to a maximum of 70%. However the discount has a financial maximum of £84,200.
Discounts start at 50% if you live in a flat
If you are the tenant of a flat, you could qualify for a discount of 50% from the market value of your home after you have held a public sector tenancy for 3 years. This discount is fixed at 50% until you have held your tenancy for 5 years.
After this 5 year period the amount of discount will increase by 2% for each year of your tenancy up to a maximum of 70%. However the discount has a financial maximum of £84,200.
Before applying for RTB
We recommend that you read the following:
– Right to Buy booklet
– Right to Buy guide
– Right to Buy FAQs
– Guide for completing the Right to Buy application form
Applying for RTB
You can either:
– Download and print a form or
– Fill in an online form
You can return your form to a Solihull Connect. Or post it to:
Endeavour House
Freepost RLSS-UEBA-RTUZ
Meriden Drive, Kingshurst
Solihull B37 6BX
Please note: we will only carry out repairs of an emergency or structural nature once a RTB form has been submitted.
