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New right to buy scheme...

Comments

  • MCMXCV
    MCMXCV Posts: 17 Forumite
    Sorry for bumping this but does anyone have any idea who I would speak to to get advice on this?
  • MCMXCV wrote: »
    Sorry for bumping this but does anyone have any idea who I would speak to to get advice on this?


    Synergy HA?
    (AKA HRH_MUngo)
    Member #10 of £2 savers club
    Imagine someone holding forth on biology whose only knowledge of the subject is the Book of British Birds, and you have a rough idea of what it feels like to read Richard Dawkins on theology: Terry Eagleton
  • MrMrsR
    MrMrsR Posts: 674 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    It will say in your original contract with the HA whether you have the right to buy, as far as I'm aware most HA properties do not give right to buy discounts only council owned properties do and you have to have been a tenant for in excess of 5 years (and can not subsequently sell for a further 4 years without paying back all or part of the discount).
    hth :)
    SPC 2023 #033 £352.08 /2024 £?

    DFBXMAS23 #46. 6560/8400 (1850 left)
  • It is most likely you will not have the Right to Buy. Tenants of charitable Housing Associations may have the Preserved Right to Buy but only if they were secure tenants of the local authority before they transferred their housing stock over to the HA. BUT, the only sure-fire way of finding out is to call your HA to confirm :-)
  • kingstreet
    kingstreet Posts: 39,193 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    "Right To Buy" for ex-council tenants transferred to HAs.

    "Right to Acquire" a possibility for HA tenants.

    http://england.shelter.org.uk/get_advice/finding_a_place_to_live/Buying_and_selling/right_to_acquire

    Totally different kettle of fish TBH. Ask HA which applies.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
  • MCMXCV
    MCMXCV Posts: 17 Forumite
    I had spoken to synergy before posting. They told me I was not eligible for RTB as I was never a tenant of the old council. I was just checking to see if they were correct.
    Referring to the link from direct.gov I posted. Specificallly this paragraph:
    You can apply for Right to Buy if you’ve been a council or public sector tenant for five years (it doesn’t have to be five years in a row). You are a public sector tenant if you have lived in properties provided by a housing association, the armed services or a public body like an NHS trust.
    I may not be a council tenant but by their reckoning I am definitely a public sector tenant....
  • kingstreet
    kingstreet Posts: 39,193 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    They should differentiate between Housing Associations which are "normal" and those which are the HAs used to take the hived-off housing stock from local authorities. Hence the RTB and RTA differences.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
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