Skip to content

Right to buy your council home

The Right to Buy scheme is to help tenants in England buy their council home at a discount.

The maximum discount in Sheffield is £77,900.

 

Eligibility

You are probably eligible if you:

  • Live in a council property
  • Have been a council or housing association tenant for at least 3 years (recent legislation change from 5 years)

Family members who have lived with you in your home throughout the last 12 months may also be able to join you in the right to buy.

Check your eligibility

Download the application form from GOV.UK: Buying your council home

Contact right to buy.

Contact the government appointed right to buy agent service by phone on 0300 1230913 or email enquiry@righttobuyagent.org.uk

 

Discounts

The longer you have been a tenant the more discount you will get. The maximum discount you can get is £77,900.

Council house tenants

If you live in a house and have been a council tenant for 3 , 4 or 5 years you will receive a 35% discount.

For every additional complete year you have been a council tenant you will get a further 1% discount (up to a maximum of 70% discount or £77,900 - whichever is the lower).

Council flat tenants

If you live in a flat and have been a council tenant for 3,4 or 5 years you will get a 50% discount on the market value of your flat.

For every additional complete year you have been a council tenant you will get a further 2% discount (up to a maximum of 70% discount or £77,900 - whichever is the lower).

 

Costs to consider

Mortgage or loan

You will need to speak to a lender or advisor early on to make sure they are willing to lend you the money.

Make sure you understand the deals available and the costs involved before signing.

The Money Advice service and other housing advice centres can help you.

Other costs to consider include:

  • Stamp duty
  • Building survey
  • Independent financial advice
  • legal advice and solicitors fees
  • Ongoing repairs and improvement costs
  • Insurance for buildings and contents
  • Life insurance
     

Buying a flat

We as your landlord will be responsible for maintaining the outside of the flat and the building and surrounding area, you will pay your share of these costs, these are known as service charges.

You will also pay your share of major repairs or maintenance costs. This can be several thousand pounds.  We as your landlord will supply you with an estimate of the charges you must pay during the first 5 years.

More information for leaseholders.

Alternatively contact the leasehold advisory service.
 

Housing benefit

As a tenant you may be able to claim housing benefit to help with your rent.

You cannot claim help with a mortgage. You may be entitled to help with mortgage interest.

 

If you are thinking of selling your home

If you are thinking of selling your home please contact us first before you put your property up for sale. We are now buying some properties in certain areas.
 

Selling or transferring your home later

You may sell your home whenever you want but if you sell it within 5 years you will have to repay discount to us.

The amount you repay depends on the price you sell at and how long you have owned the property. This also applies if you agree to transfer ownership of the property to someone else in the future. 

If you sell or transfer ownership of your property within 10 years you must offer your former landlord the first refusal to buy it back. If your former landlord does not want to buy it back you may sell it on the open market.

 

Apply

Download the application form from GOV.UK: Buying your council home.

Alternatively pick one up from your local First Point office or call us on 0114 2735595.

Send your application form to us at:

Home Ownership Team
Floor 3
Howden House
1, Union Street
Sheffield
S1 2SH

 

Application decision

When we receive your form we will reply to you within 4 weeks to tell you if you are accepted on the scheme.

If you are not accepted we will tell you why.

Valuation

We will arrange for your home to be valued and we will send you an offer notice showing the value of your home, the discount you receive and the price at which you may buy your home.

  • If your home is a house this notice will be sent to you within 8 weeks of our notice saying that you are accepted on the scheme.
  • If your home is a flat you will receive this notice within 12 weeks.

Deciding to buy

You will have up to 12 weeks to make up your mind if you want to go ahead and buy. If we have not heard from you within 12 weeks we will send you a letter and give you a further 28 days to decide.

If we do not hear from you after this further 28 days we will assume you do not want to go ahead and we will close down your right to buy application.

Completing the purchase

When you tell us you want to go ahead we will arrange for plans of your property to be drawn up, this will take about 5 weeks.

The plans will be sent to our legal department who will prepare the transfer documents or lease and send them on to your solicitor; your purchase should then be completed within about 9 weeks.

 

Offers to buy from other people and organisations

Be careful if any person or company offers to help you buy your home.

Talk to us first - the company may be offering you a deal which is better for them than for you - remember we will give you free advice about the right to buy process.

  • Modified: Jun 12, 2015 11:02:55 AM