You may be eligible if:
You do not have the Preserved Right to Buy if:
Other exclusions may also apply.
The price you pay will depend upon the valuation and the discount you are entitled to.
The discount you get depends on how long you have been a tenant. The maximum discount available is 70% or £80,900 in England (outside of London).
Flats and maisonettes cannot be sold freehold but the long-term lease can be bought for a fixed period (usually 125 years) with an annual ground rent. If you choose to do this, you will become a ‘leaseholder’.
Costs to consider
When buying the home, you will need to pay for:
When owning the home, regular costs may include:
Leaseholders must pay service charges for the upkeep of the structure and communal areas of the building. As well as major repairs and improvements, service charges also cover things like staircase lighting, decorating, lift maintenance, door entry systems etc.
Some freehold sales will also be subject to estate service charges. You will be informed if your property is subject to these.
Remember, your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.
How do I apply?
Please complete the application form and return to us. We will contact you to let you know if your application is successful and what the next stages are.
Further information is available in the government’s Right to Buy leaflet
Lincolnshire Housing Partnership Limited registered as a charitable Community Benefit Society under the Co-operative and Community Benefit Societies Act 2014 with registered number: 7748. Data Protection registration number: ZA345449 Registered Office: Westgate Park, Charlton Street, Grimsby, North East Lincolnshire, DN31 1SQ