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Right to Buy
 

The right to buy your home

Voluntary Right to Buy

Council tenants have been able to buy their homes since the 1980s. Known as the Right to Buy, this policy has helped thousands of people to get on the housing ladder.

Some council tenants, whose homes were then taken over by a housing association, have also been able to buy under the Preserved Right to Buy. Now, housing associations have agreed with government that their other tenants should have similar rights.

The plans to make this possible are part of the Housing and Planning Bill which received Royal assent in May 2016. Most details of the national scheme are still to be agreed, but we're working with the government to give some of our tenants in Oxfordshire a head start in the meantime. The trial we’re taking part in is known as the Voluntary Right to Buy Pilot. It will help make sure the scheme runs smoothly when it goes nationwide.  The Voluntary Right to Buy Pilot scheme, in which Sovereign is taking part, has now closed.

The Government has plans to extend Right to Buy to more housing association tenants that are not listed as part of the Voluntary Right to Buy pilot. These plans are currently being drawn up and if you would like us to keep in touch about progress, you can sign up here.


Preserved Right to Buy

As a Sovereign resident, you might be able to buy your home from us at a discounted price if you’re eligible for the Preserved Right to Buy. You could have this right if:

  • we took over your home from the local authority while you were living there.

For more information about this, read our Preserved Right to buy factsheet [pdf / 76 KB], contact your local office or visit the government's Right to Buy website.


Right to Acquire

As a Sovereign resident, you might be able to buy your home from us at a discounted price if you’re eligible for the Right to Acquire. You could have this right if:

  • you live in a home that we built or ‘acquired’ with the help of a grant.

For more information about this, contact your local office or visit the government's Right to Acquire website.


How else can I own my own home?

If you want to buy a home, but can’t afford to do it on the open market, we have a number of other affordable home ownership options that might help you.

Visit our Sovereign Living website or contact your local office to find out more.
We’ve helped more than 3,000 people achieve their goal of owning a home. Take a look at your options on the Sovereign Living site.

 Sovereign Living