This is an option for council tenants to purchase the property in which they live in. The property price is often at a discount, proportional to the length of occupancy.
The Right to Buy Scheme gives council tenants the right to buy their council home at a lower price than the market value. For further information on Right to Buy please visit the OPDM website.
This nationwide scheme enabling local authority tenants of two years to buy their homes at a discount. Skillsmatch Skillsmatch is a scheme where the council acts as a broker between local job seekers and employers with job vacancies. More information on Skillsmatch
The ability of a council tenant to purchase their home from the council. Where this occurs the tenant will normally receive a discount on the purchase price linked to the length of their tenancy.
Housing Associations and Local Authorities offer their tenants to buy the property they rent from them, often at a discounted price depending on the length of time they have rented from the relevant organisation. ( )
Under the Right to Buy scheme, you can buy your council property at a price lower than the full market value. This is because the length of time you have spent as a tenant entitles you to a discount.
Under current legislation, any person renting a Local Authority property has the right to purchase this property at a discount, which varies according to length of time the person has been a council Tenant.
One of Margaret Thatcher's more popular ideas - at least for those who could afford it. A tenant living in a council house is allowed to buy it - often at a substantial discount - depending on how long they've been a tenant.
See Modernising the Right to Buy (Scotland) and The Housing (Right to Acquire and Right to Buy) (Designated Rural Areas and Designated Regions) (Wales) Order 2003
The right of council tenants to buy their rented property from the council.
A term associated with legislation that gives council house tenants the Right to Buy their homes.
Under Government legislation, council tenants have a right to buy their council property, with a discount offered on the market value of up to £26,000.
A tenant in a council owned property may purchase the property at a discount depending on length of their tenancy.
The opportunity for a tenant of a local authority owned property to purchase their home. This usually involves a discount being given to the tenant which is proportional to the length of time the tenant has occupied the property.
A tenant in a council property may purchase a property at a discounted purchase price dependant on the length of the tenancy.
This is when a tenant living in a council-owned property purchases it at a discount, the size of which depends on the length of their tenancy.
Sitting council tenants have an option to purchase the property in which they live in. Usually the property can be purchased at a discount based on the length of time they have been a tenant.
The Housing Act 1985 provides for tenants renting from their local authority or a Housing Association who may wish to buy their own home. Full details of eligibility are available from the relevant local authority/Housing Association.
Council tenants living in council property are allowed to buy the house, with a substantial discount, once they have been living in a property for longer than a set period, usually 3 years. This may be being phased out in certain areas of the country shortly.
this phrase is most often used in conjunction with council tenants who have been renting a property for a particular length of time and are therefore entitled to purchase that property at a discounted rate. A right to buy mortgage is a mortgage procured for this purpose.
Right to Buy was introduced to Registered Social Landlords/Housing Associations by the Housing (Scotland) Act 1987. A secure tenant has the right to buy his/her property at a discounted price subject to length of tenancy with a public sector landlord. Limited only by the cost floor. Tenants who transfer to a new landlord through large-scale voluntary transfer have a preserved right to buy although they become assured tenants. Information for tenants is contained in the Scottish Executive publication 'Your Right to Buy Your Home', available from Housing Division 1, Scottish Executive, Victoria Quay, Edinburgh, EH6 6QQ (0131 244 2857 or 0131 244 2021), and information is available from other sources such as the local Citizens Advice Bureau.