What is a Right to Buy purchase and why is it different from other house sales?

Right-to-buy-scheme-web.jpg.jpg

With recent claims from Greater Manchester mayor Andy Burnham suggesting that suspending the Right to Buy scheme may help revive the incentive for local councils to build more social housing, WHN conveyancer Mathew Simkin explains how the scheme works and the process behind the purchase.

The first thing to note is that there are two different schemes available for purchasing a local authority owned property and a housing association owned property. For a local authority property, it is the Right to Buy Scheme. For a housing association it is the Right to Acquire Scheme. The maximum discount available under the Right to Buy Scheme is currently £102,400 across England (£135,400 in London). Under the Right to Acquire Scheme, the maximum discount is £16,000, depending on your location in the UK.

You are eligible to apply to buy your local authority or housing association home if:

  • The property is your only or main home
  • The property is self-contained, no part of the property is shared
  • You’re a secure tenant
  • You’ve had a public sector landlord (for example, a local authority, housing association or NHS trust) for three years – it does not have to be three years in a row
  • You have no county court judgments or legal issues with debt

The opportunity to own a home

If you rent a property from a local authority or housing association, having the opportunity to purchase it can provide you with the security and freedom to make changes to the place that you consider home.

Home ownership also provides the family with an asset and an investment for the future. Purchasing your rented accommodation from your local authority or housing association is also a helpful way to join the property ladder.

The Transfer Deed

When a property is sold under either scheme, the transfer is usually by way of a Transfer of Part, which is the sale of part of an area of land. This is because the local authority or housing association will usually still own the entire estate in which your home is situated. A Transfer of Part is more complex than a standard transfer as this is the first time the individual property has been sold. This means the Transfer Deed includes a lot more detail and requires a lot more legal consideration than a standard Transfer Deed.

Your solicitor will therefore need to check that all the required rights of access (pedestrian and vehicle), rights of maintenance and rights of entry to neighbouring properties have been correctly granted by the Transfer Deed.

The solicitor will also need to check for any service charges or maintenance charges payable and there will also be a plan prepared for the property. It is imperative this plan is checked by you, as a purchaser, to ensure that the boundaries are correct and reflect the full extent of the property.

A purchase under both schemes can take longer than other transactions, but this is due to the legal complexity of the Transfer Deed. Once the Transfer Deed has been approved, a completion date will be agreed.

It is important to remember that buying a home brings with it responsibilities and an ongoing financial commitment, so it is recommended that you should seek financial advice before making the commitment to purchase a property.

Currently there are no official plans to suspend either scheme either nationally or in Greater Manchester, but should any changes occur our team at WHN will provide an update.

Mathew works alongside WHN’s solicitors in the conveyancing team in the Accrington office handling all aspects of buying and selling residential property, as well as remortgaging, transfer of equity and Islamic finance. 

For further advice and information on purchasing a residential property under the Right to Buy Scheme, please contact Mathew on 01254 236221 or email: mathew.simkin@whnsolicitors.co.uk or visit our Residential Property page to find out more how we can help.

Enjoyed this? Read more from Woodcocks Haworth & Nuttall Solicitors

Latest news

1

MJV Solicitors announces Lanna Conboy as assistant solicitor Lanna Conboy

MJV Solicitors announces Lanna Conboy as assistant solicitor

02 Sep 2025

2

Eden Project Morecambe progress continues as site investigation work begins John Pye at the Eden Project

Eden Project Morecambe progress continues as site investigation work begins

02 Sep 2025

3

MGS Technical Plastics in running for seven awards MGS Technical

MGS Technical Plastics in running for seven awards

01 Sep 2025

4

Ultimate Visual Solutions (UVS) launches 'industry first' displays featuring integrated controllers Steve Murphy UVS

Ultimate Visual Solutions (UVS) launches 'industry first' displays featuring integrated controllers

01 Sep 2025

5

Sowena Group adds firepower with two senior hires and heralds move to bigger office Gemma Quaye and Beth Harris

Sowena Group adds firepower with two senior hires and heralds move to bigger office

01 Sep 2025

Background image for hub sign up block

LBV Hub

Leverage Lancashire Business View platforms

Post your news
Post your events
Post your offers
Build your network
Improve your SEO
Gain coverage in the magazine
Sign-up
Events
Sub36 Networking - Follow the signs
Sub36 Deaf Village Social1200
Networking
17 Sep 2025

Sub36 Networking - Follow the signs

The Deaf Village, Blackburn, BB2 5EN

10:00 - 12:00

LBV124 September/October Launch Event
MBP Arc Cinema Preston Opening 205
Networking
18 Sep 2025

LBV124 September/October Launch Event

The Arc Cinema, Preston, PR1 2BL

08:30 - 10:30

CMI Level 5 Project Management Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Project Management Course

Preston Campus, Preston, PR1 2HE

08:00 - 17:00

CMI Level 5 Management and Leadership Course
UCLanAerialCampus.jpg.jpg
LBV Hub Seminars
21 Feb 2025 - 21 Feb 2026

CMI Level 5 Management and Leadership Course

Preston Campus, Preston , PR1 2HE

09:00 - 17:00

Tri-Site Survey Equipment Showcase
Linkedin Cover.jpg.jpg
LBV Hub Seminars
03 Sep 2025 - 03 Sep 2025

Tri-Site Survey Equipment Showcase

Harewood House , Leeds, LS17 9LG

09:30 - 16:00

Longridge Soap Box Derby
Screenshot 2025-06-10 090035.png.png
LBV Hub Fundraisers
14 Sep 2025 - 14 Sep 2025

Longridge Soap Box Derby

Berry Lane, Longridge, PR3 3WH

10:00 - 16:30

Preston Tech Connection - The Ultimate Tech Quiz!
Preston Tech Connection Sept 25.png.png
LBV Hub Networking
16 Sep 2025 - 16 Sep 2025

Preston Tech Connection - The Ultimate Tech Quiz!

Society1, Coworking Space, Preston, PR1 3LT

18:00 - 19:00

The Business Network Central & East Lancashire
LBV Hub Networking
17 Sep 2025 - 17 Sep 2025

The Business Network Central & East Lancashire

Stanley House, Blackburn, BB2 7NP

11:30 - 14:15

Cumbria Business Expo 2025
https---cdn.evbuc.com-images-880461633-4862066883-1-original.20241022-110415.jpeg.jpg
LBV Hub Exhibitions
19 Sep 2025 - 19 Sep 2025

Cumbria Business Expo 2025

Carlisle Racecourse, Carlisle, CA2 4TS

09:00 - 15:00

Preston Freelancer Meet-Up: September
Sept Freelancer (1).png.png
LBV Hub Networking
23 Sep 2025 - 23 Sep 2025

Preston Freelancer Meet-Up: September

Society1, Coworking Space, Preston, PR1 3LT

10:00 - 11:30

Speed Networking with BNI
2.png.png
LBV Hub Networking
24 Sep 2025 - 24 Sep 2025

Speed Networking with BNI

Chorley Football Club, Chorley, PR7 3DU

16:00 - 19:00

Help to grow management course
Help to grow - barriers to growth.png.png
LBV Hub Seminars
26 Sep 2025 - 16 Dec 2025

Help to grow management course

Preston Campus , Preston , PR1 2HE

09:00 - 15:00

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more LBV 123 Online Graphic
Subscribe now

Weekly news bulletin