Right to Buy Right to Acquire

Right to Acquire

There may come a time when you feel you are ready to obtain ownership of your property, this is possible for some tenants under the ‘Right to Acquire’ policy.

If you live in a property that is in the Right to Acquire Scheme and you are also an eligible tenant then you can receive a discount of £9,000- £10,000 off the purchase of your home.

Who can apply

  • You have been a tenant with us (or another Registered Provider) for 5 years
  • The property must have been built after 1st April 1997
  • The property must be your only/main home with no shared living space
  • You must be able to secure a mortgage and pay the legal fees for the purchase

Who can’t apply

  • You are being made bankrupt or owe money
  • Your property is geared for a particular type of tenant e.g. people over 60, special needs or those with physical disabilities
  • Your property is intended to be demolished within 7 years

Discounts

You can get a discount on your property based on which Local Authority you live in. Nearly all of Mosscare St Vincent’s RTA properties are eligible for £9,000 discounts except those who live in the Manchester, Trafford and Ribble Valley areas which have a £10,000 discount.

Contact Us

For more information please contact the Development Team either via email at buy@msvhousing.co.uk to check eligibility.

If your property is eligible and you wish to exercise your Right to Acquire, please click here to complete an application form.