RIght to Buy - advice please

another_casualty

Sorry to hear of your losses also .
There are many things that must be going on in your head over such a stressful time .
There are many stigmas to being either a tenant or a tenant intending on a RTB . Changing times and circumstances now and in the future like we've not seen before mean you have to look into this with a very fine tooth comb so to speak .

Things to consider : Bedroom Tax , if you do not buy
Service charges that your landlord ( the council ) will probably be made payable on top of your mortgage .

Cost of repairs etc to do the place up initially if you feel your home needs it .

If the council want to replace windows or doors , that will be another bill to pay .

A lot depends on your own circumstances , such as your salary and job security . Also your financial history etc.

If you did buy , there is a certain amount of time before you are allowed to sell if you don't want to be giving back a chunk to the council .You may not want to move at all .

Good luck with it all .

Confused241

Thank you for the condolences, maybe this isn’t the right time to look into this but the housing officer came to visit (the same one that advised signing the tenancy in 2009!) and he mentioned have I thought off buying and he seemed to think my parents discount would carry on. I’ve since contacted him to reconfirm but not heard back from him yet.

It’s the advisors on the Right to Buy website saying I can only count from 2009 as the tenancy was signed when my parents were alive. Also can’t count from when I was 16 as again signing the agreement cancelled this out. I only contacted them to help filling in the RTB form.

It’s a council house and old and new landlords are council not HA. There is something in the 2009 tenancy agreement about preserved right to buy but I’ve tried to understand what this means but google only mentions if new landlord going from council to housing association which isn’t the case.

So I’m just going to wait to hear from housing officer with current landlord but a bit alarmed he didn’t know for sure if I would get full discount or from 2009 considering how long he’s been in the job! And especially he wa the one that advised signing the tenancy agreement in 2009 to give me and mum more security)

I knew signing that tenancy in 2009 gave me security, just didn’t think I would lose the discount which could mean I could buy this house that means so much to me. I know 10 years is still a good discount but were talking losing out on another £30,000. I know RTB is a touchy subject on this forum I’ve since learnt that but thanks for all the advice

As said I’m only looking into things at the minute I know I’m going to budget and check all costs out etc and the pros and cons off buying/renting. I just wanted to see what the house was worth and discount I would get.

Confused241

Can someone explain preserved right to buy to me please

It says in the tenancy agreement i signed in 2009

You may have the preserved right to buy, if u die, the person who takes over the tenancy under the right to succession may also take over the preserved right to buy

As said both landlords are council not HA, does preserved right to buy include previous discount carrying on or have I misunderstood completely?

Also discovered a transferring tennants agreement my dad signed in 2007, meaning my dad resigned from old council landlord and it took 2 years to sign all tennants to the new council landlord in 2009.

This tenancy transfer says something similar about succession and taking over preserved right to buy

Confused241

I’ve since learnt that in 2009 the right to buy discount wasn’t as good so maybe at the time I was given the best advice.

Thank you for all your replies

Fire_Fox

Confused241 wrote: »

Thank you for the condolences, maybe this isn’t the right time to look into this but the housing officer came to visit (the same one that advised signing the tenancy in 2009!) and he mentioned have I thought off buying and he seemed to think my parents discount would carry on. I’ve since contacted him to reconfirm but not heard back from him yet.

It’s the advisors on the Right to Buy website saying I can only count from 2009 as the tenancy was signed when my parents were alive. Also can’t count from when I was 16 as again signing the agreement cancelled this out. I only contacted them to help filling in the RTB form.

It’s a council house and old and new landlords are council not HA. There is something in the 2009 tenancy agreement about preserved right to buy but I’ve tried to understand what this means but google only mentions if new landlord going from council to housing association which isn’t the case.

So I’m just going to wait to hear from housing officer with current landlord but a bit alarmed he didn’t know for sure if I would get full discount or from 2009 considering how long he’s been in the job! And especially he wa the one that advised signing the tenancy agreement in 2009 to give me and mum more security)

I knew signing that tenancy in 2009 gave me security, just didn’t think I would lose the discount which could mean I could buy this house that means so much to me. I know 10 years is still a good discount but were talking losing out on another £30,000. I know RTB is a touchy subject on this forum I’ve since learnt that but thanks for all the advice

As said I’m only looking into things at the minute I know I’m going to budget and check all costs out etc and the pros and cons off buying/renting. I just wanted to see what the house was worth and discount I would get.

Slow down and relax, listen and think. You have had a lot of stress this year.

2009 is ten years ago! Neither of you can remember the entire conversation or the whole section of each tenancy agreement. He is a human being not a walking encyclopedia.

IMO the Housing Officer is being professional to review your file, and double check the precise wording of the tenancy agreements before giving you a proper answer.

The online RTB advisors can only have been offering general guidance, given they had not seen your tenancy agreements. You did not mention they were online in your first post. In your panic you may be misinterpreting what they said. Can/ cannot/ never are definite, probably not/ unlikely/ maybe/ I don't think/ rarely/ unusual are not definite.

Try to note down your advisor's and officer's exact wording so you can read it back later. Or post whole sentences from a chat or e-mail here in quotation marks so we know it is word-for-word, exactly as you did with the booklet wording .

Norman_Castle

Confused241 wrote: »

Can someone explain preserved right to buy to me please

Preserved rtb is for tenants of council properties where the ownership of the property is moved to another social landlord, normally a HA, but the tenant remains in the property. The discount will carry on when a rtb tenancy changes to a prtb tenancy.

Its the same as rtb but normally for tenants of non council landlords.