The right to Buy/Acquire
The Right to Buy
The right to buy was introduced by the Conservative Government in 1980 so that Council House Tenants could purchase their own property. If you are a council tenant, you can buy your home by paying the full purchase price at once, with discounts depending upon how many years you have spent as a tenant in the public sector.
The Right to Acquire
The right to acquire was established in 1996 and gives eligible Housing Association Tenants a statutory right to purchase the property in which they live, at a discount, depending upon the Local Authority in which the area is located. Generally, the right to acquire only applies to properties built or acquired by Housing Associations with public funds, from the 1st April 1997 onwards.
Sarginsons Law have dealt with these types of acquisitions from their inception and has a wide experience in dealing with such matters.
For a comphrensive guide to our pricing for conveyancing costs, please click here.
If you would like an no obligation quote for your purchase please contact us via;-
Telephone: 02476 55 31 81