Selling Right to buy home

Samsung_Note2

Red-Squirrel wrote: »

You lie my friend.

Call me a liar. And you know this is not true how.?

chelseablue

Where I live there's hardly any difference in price between ex LA houses and non LA houses:

Ex council: http://www.rightmove.co.uk/property-for-sale/property-51683967.html

Non council: http://www.rightmove.co.uk/property-for-sale/property-51632628.html

Mrs_CP

I lived in my council house for 26 years, the last 5 as the owner after having bought it through Right to Buy. I advised the Council leading up to the 5 year anniversary that it was my intention to sell the property, and they duly advised me that they had no intention to buy it.


My house sold at the same, or even higher, value as similar houses in our area, and I went on to buy a 3 bed detached in my home village.


Having come from being a homeless single mother at 19, putting myself through college and university and paying full rent for years and years which, like another poster said, was much more than the actual mortgage, I make no apologies whatsoever for taking advantage of the opportunities available to me. I am now a professional, as is my child, putting far more back into the pot than we have taken.

PersianCatLady

Cakeguts wrote: »

It depends on the area. The first one below is not an ex council house the second one is.

http://www.rightmove.co.uk/property-for-sale/property-60179608.html

http://www.rightmove.co.uk/property-for-sale/property-63185428.html This is

This is the kind of thing I mean.

And this ex council house http://www.rightmove.co.uk/property-for-sale/property-67725209.html
and this non ex council house http://www.rightmove.co.uk/property-for-sale/property-63120418.html

You can see the difference in price.

I must be stupid but i can't see much of a difference in the prices.

tori.k

Like anything it's down to overall location rather than individual property that set the price, a council house in St Ives made 1.4 million in an area the average 355k.
The moorland and some of the coastal village's that nobody really wanted to live in the 60s due to the lack of amenities have jumped in price and if anything the ex council command a better price due to the land attached than the newer builds that sprung up in the area.
The larger towns keep to the more traditional stigma attached to local authorities housing I privately brought an ex local authorities house around 80% of the housing is owned in the area, the brick built area itself has weathered well compared to the newer build estate built opposite thats render has discoloured but there is a 20k price difference between the two estates due to snob factor

bri70123

Mrs_CP wrote: »

I lived in my council house for 26 years, the last 5 as the owner after having bought it through Right to Buy. I advised the Council leading up to the 5 year anniversary that it was my intention to sell the property, and they duly advised me that they had no intention to buy it.


My house sold at the same, or even higher, value as similar houses in our area, and I went on to buy a 3 bed detached in my home village.


Having come from being a homeless single mother at 19, putting myself through college and university and paying full rent for years and years which, like another poster said, was much more than the actual mortgage, I make no apologies whatsoever for taking advantage of the opportunities available to me. I am now a professional, as is my child, putting far more back into the pot than we have taken.

good on you... nor should you make any apologies, family first... anyway I read your message and I phoned them straight away and they said they are not buying any RTB houses back at all at this time so i've sent the notice in. Should get a rejection letter through soon....