20th March 2018
The abolition of Right to Buy
Corporate News
All tenants should now have received information on the abolition of the Right to Buy Bill. Welsh Government has recently advised that the right for tenants of social housing to purchase their property will be ending in January 2019.

All tenants should now have received information on the abolition of the Right to Buy Bill. Welsh Government has recently advised that the right for tenants of social housing to purchase their property will be ending in January 2019.

Can I buy my home?

Applications cannot be accepted from tenants in either Cardiff or Swansea as both the Right to Buy and the Right to Acquire have already been suspended in these area and the suspension will not be removed before the right to buy ends.

If you hold a Secure tenancy, this provides you with the Right to Buy. You must also meet the discount qualifying criteria and have held a public sector tenancy for a minimum of 5 years. This can be in different homes with different landlords and the 5 years do not have to be consecutive ones.

If you hold an Assured tenancy, you may have the Right to Acquire. However, this also depends on whether your property is eligible. To be eligible, your property needs to have been purchased or built with Social Housing Grant funding after 1st April 1997 – this only applies to a certain number of our properties. You must also meet the discount qualifying criteria and have held a public sector tenancy for a minimum of 5 years. This can be in different homes with different landlords and the 5 years do not have to be consecutive ones.

Anyone who is eligible to buy their home in this way will only be able to make an application to do so up until 25th January 2019.

Any applications received after this date will not be considered.

What is the maximum discount I can get?
In all cases, the maximum discount available is £8,000.

Is my tenancy affected in any way?
The end of the Right to Buy and Right to Acquire will not affect your tenancy in any other way.

I wish to make an application to buy my home...
In this situation, please make contact with our Customer Contact Team who can verify your eligibility to be able to make an application and who can send you the appropriate paperwork. Our contact number is 0800 072 0966.

I still have questions……
If you still have questions or concerns, again please make contact with our Customer Contact Team who will be happy to assist you. Our contact number is 0800 072 0966. You can also download a copy of the Welsh Government information pack below for more details. 

End of the Right to Buy and Right to Acquire in Wales (English)

End of the Right to Buy and Right to Acquire in Wales (Welsh)

 

Share this post