Skip Navigation Text Size: A | A | A
.
RBH Logo

You Are Here:

Home-> Information and Services
-> Current Tenants-> Things You Should Know

Call us: 0845 070 5170

* Bobby WorldWide Approved AAA

* Valid CSS!

* Valid HTML 4.01!

 

right to buy photo

Your guide to the right to buy - How much discount will I get?

Houses

If you are buying a house, the minimum discount allowed for two years tenancy is 32%. Additional discount of 1% for each extra complete years tenancy is allowed up to a maximum of 60% for 30 years or more. After 18th January 2005 tenants who need a minimum qualifying tenancy period of 5 years will receive a minimum discount of 35%.

Flats and maisonettes

If you are buying a flat or maisonette, the minimum discount allowed for two years tenancy is 44%.

Additional discount of 2% for each extra years tenancy is allowed up to a maximum of 70% for 15 years or more. After 18th January 2005 tenants who need a minimum qualifying period of 5 years will receive a minimum discount of 50%.

General

All discounts awarded by landlords in the North West region are subject to an overall maximum of £26,000. The discount entitlement may be reduced if:

  • You have received a discount in respect of a previous sale which has not been repaid
  • The amount the council has spent on the property within the last 10 - 11 years, over and above repair costs of £5,500 is greater than the discounted price.
If you decide to sell your property you may have to repay all or some of the discount. See Selling your home for more information.

Your guide to the Right to Buy

Who can buy?

Who cannot buy?

Can I share the right to buy with anyone else?

What can I buy?

How do I apply for the right to buy?

What happens next?
Selling your home

Request for application form and information pack

 Policies & Legal | Links | Help | Site Index
Copyright © 2004 Rochdale Boroughwide Housing. All Rights Reserved.
Rochdale Boroughwide Housing is a company owned and controlled by
Rochdale Metropolitan Borough Council. Registered in England No. 4394435