Buying Your Home
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There are two government schemes that may allow you to buy your home, the Right to Buy if you have lived in your home since before 1999, the Right to Acquire if you moved in to your home since 1999, and in August 2018 the Government launched a Voluntary Right to Buy Pilot Scheme for the Midlands.
Right to Buy government announcement (June 2022)
The Right to Buy scheme is not currently open to all housing association customers.
However, in June 2022 the government announced potential changes to Right to Buy. They are now looking at how it can be extended to all housing association customers in the future.
We'll update you here when we understand how this affects Wrekin tenants.
Preserved Right to Buy
If you were a tenant of Telford and Wrekin Council before 25th March 1999, and you have remained a tenant of The Wrekin Housing Group, you may qualify for the Preserved Right to Buy. However, you don't need to have lived in the same property.
This scheme provides eligible tenants with the possibility of purchasing their property with a discount of up to 70%. The discount is based on how long you have been a tenant.
Further information on this scheme can be found on the Preserved Right to Buy Government website.
Right to Acquire
If you became a new tenant with the Group after the date of transfer from Telford & Wrekin Council on 25th March 1999, you may have the RTA. To qualify you must have spent three years as a public sector tenant of one of the qualifying landlords as listed in the Government’s booklet ‘Right to Acquire: Buying Your Housing Association Home’.
This scheme provides eligible tenants with the possibility of purchasing their property with a fixed discount of £9,000. The discount is set by the government.
Further information on this scheme can be found on the Right to Acquire Government website.