Right to Buy
What is the Right to Buy scheme?
The Right to Buy scheme helps eligible secure tenants of Local Authorities and Registered Social Landlords (RSLs) buy their own home.
As of 6 April 2024 you could receive a discount on the cost of buying your home of up to a maximum of £102,400 based on the amount of time that you have been a tenant. These discounts will apply to applications which are received by us from the tenant on or after 6 April 2024. The discounts do not apply retrospectively to applications made before 6 April 2024.
Following the Government's Review of Right to Buy Discounts on 30 October 2024, maximum discounts are reducing. Applications received on or after 21 November 2024 will be eligible for a maximum (monetary amount) of discount of £34,000.
Any land let together with your home (for example, gardens and garages) will usually be treated as part of your home.
For more information and to understand the cost of home ownership please visit the 'Own your home' website.
Resident Services - Home Ownership
Daneshill House
Danestrete
Stevenage
Herts
SG1 1HN
residentservices.homeownership@stevenage.gov.uk
01438 242666