Discount

If you are a secure tenant now and have been a council or housing association tenant for 3 years, you will be able to apply for the right to buy your home and will be entitled to a discount.

Houses/bungalows - 3-5 years of tenancy will give you a 35% discount with an extra 1% for every extra full year after five years of tenancy up to a maximum of 70% for 40 years or £82,800 whichever is the lower

Flats/maisonettes - 3-5 years of tenancy will give you a 50% discount with an extra 2% for every extra full year after five years of tenancy up to a maximum of 70% for 15 years or £82,800 whichever is the lower

 

Qualifying period in years

House/bungalow

%

Flats/maisonettes

%

3-5 Years

35%

50%

10 Years

40%

60%

15 Years

45%

70%

20 Years

50%

70%

25 Years

55%

70%

30 Years

60%

70%

35 Years

65%

70%

40 Years

70%

70%

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