Buy your rented home

Understanding Government schemes that allow you to buy

We understand that if you’ve lived in your home for a while, you may want to buy it so you can make it feel even more like home. Government legislations means you may be able to buy your property with a discount, depending on how long you have been a customer.

 

Right to Buy

Right to Buy is a Government scheme designed to allow customers of a social landlord to buy their home at a discounted rate. This does not apply to Housing Association tenants, which means that many Trafford Housing Trust customers won’t have the right to buy.

If you are a customer who was previously with Trafford Borough Council and have remained a Trafford Housing Trust tenant with no break in your tenancy, then you will have a ‘Preserved Right to Buy’. Homes particularly suitable for elderly residents can’t be purchased.

 

Right to Acquire

The Right to Acquire is a Government scheme, which lets Housing Association customers buy their home at a discounted rate.

If you’re an eligible Trafford Housing Trust customer, you could be entitled to claim a flat-rate of £10,000 off the market value of their home. To apply, you need to have been a customer of a housing association, the armed services or an NHS Foundation Trust for at least three years.

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