Buying your home

If you rent a home from us, you might be able to buy it at a lower price. There are a few ways this could happen:

Right to Buy

Right to Buy allows residents living in council owned properties to buy their home. It can also apply to residents living in housing association homes.

Right to Buy lets some residents buy their home. It’s for people who:

  • Have a Secure Tenancy that started before 15 January 1989 with Maritime Housing Association
  • Have a protected Assured Tenancy from:
    • Maritime Housing Association
    • Wyre Housing Association
    • Limehurst Village Trust

You must have lived in a council or housing association home for at least five years.

Not all homes can be bought under Right to Buy. We’ll explain this when you apply.

If you qualify, you could get a discount. The highest discount in the North West is £77,900, or up to:

  • 60% off for a house
  • 70% off for a flat
    (whichever is lower)

The discount depends on how long you’ve lived in your home. If you think you may qualify and would like more details, please contact us on 0344 736 0063.

Right to Acquire

If you don’t qualify for Right to Buy, you might still be able to buy your home through Right to Acquire .

You may qualify if:

  • You have an assured tenancy
    AND
  • Your home was:
    • Built or bought with public money
    • Transferred from a council to Regenda after 1 April 1997

The maximum discount for homes that qualify under Right to Acquire is up to £9,000 off the market value.

Some homes can’t be bought this way, and there are rules that might affect your application. We’ll explain everything when you contact us. If you think you may qualify to buy your home under Right to Acquire and would like more details, please call us on 0344 736 0063.

Shared ownership

Shared ownership helps you buy a share of a home and pay rent on the rest. It’s a low-cost way to get started with owning your own home. Think shared ownership could be for you? Find out more with our sister company Redwing (this is a link to another website.)

Want to Know More?

If you think you might qualify for any of these options, please  contact us. We’ll explain your choices and help you take the next steps.