How the discount works.
The discount depends on how long you've been a secure tenant and the type of property. Council properties typically receive discounts of 30–70% off market value. Housing associations usually offer less — but the principle is the same: you pay significantly less than open market value.
A realistic example
Market value of your home: £250,000
Your discount (25%): £62,500
Your purchase price: £187,500
That means borrowing £150,000 instead of £200,000 — potentially hundreds less per month, and dramatically lower income requirements to qualify.
Eligibility basics.
- Tenancy length
You need to have been a secure council or housing association tenant for at least 3 years. It doesn't need to be continuous or in the same property.
- Type of tenancy
Must be a secure tenancy — not temporary, probationary, or introductory. Your tenancy agreement will specify this.
- Your main home
The property must be your primary residence — not a holiday home, not a property you sublet to someone else.
Things worth knowing before you start.
- The process takes time
Six to twelve months from claim to completion is common. We help you stay on track throughout and flag anything that might slow things down.
- Repairs become your responsibility
Once you own it, maintenance is on you. Factor this into your affordability planning — a building survey before you commit is often worthwhile.
- Not every lender does Right to Buy mortgages
We know this market well and which lenders will work with your specific situation and discount level.
- Standard rates apply
No premium for buying through the scheme. You get the same mortgage rates as any other applicant — the discount is yours to keep in full.
Your home may be repossessed if you do not keep up repayments on your mortgage.