Could you buy your council home with the Right to Buy Scheme?
In recent years many people have taken advantage of the Right to Buy Scheme to help them purchase their council home at a lower price than the full market value.If you are planning on purchasing a Right to Buy property, it is important that you receive the right legal advice to help your transaction run smoothly.Here at Farnworth Rose, our specialist residential conveyancers have extensive experience helping people buy their council home through the Right to Buy Scheme and are on hand to help you.To talk to a member of our conveyancing team about how we can help you, call us now on 01282 695 400.
How the Right to Buy Scheme can work for you
Under the Right to Buy Scheme a social tenant (anyone who rents their home from a public body such as their local council or government) can buy their property at a lower price than the full market value.To apply for the Right to Buy Scheme you must meet the following criteria:
- It must be your main home
- You must be a secure tenant
- You must have had a public sector landlord (e.g. council, housing association or NHS trust) for 5 years
The level of discount you receive will vary depending on the type of property, the value of the property and how long you have lived at the property.
How our experienced Right to Buy conveyancers support you
The conveyancing process for a Right to Buy purchase can be more complicated than a regular house purchase. In most cases there is additional legal documentation containing restrictions on the re-sale of the property which you will need to be aware of.The experienced conveyancers at Farnworth Rose will guide you through the Right to Buy process and explain all the legal implications to ensure you have all the information you need before deciding to buy your council home.By choosing Farnworth Rose, you will have a specialist conveyancer dedicated to your purchase so you will always have a point of contact throughout your transaction.
How to contact the specialist conveyancing team at Farnworth Rose
If you'd like to discuss your Right to Buy purchase with one of our experts, call us now on 01282 695 400.Or, you can even get a Right to Buy conveyancing quote online by clicking the button below and filling out a few quick details.