Right to Buy
What happens after you apply
If you have the right to buy we will carry out a valuation and send you an offer. At any stage you can change your mind about buying and formally withdraw your application.
Decision and notice of purchase price
- We will send you a decision on whether or not you have a right to buy your home within 4 weeks (or 8 weeks if we need to get information on your previous tenancies from another landlord).
- We will the send you an offer notice giving the purchase price of your home within 8 weeks (or 12 weeks if you have a flat or maisonette).
What happens if we take longer
If we take longer, or you think we are not processing your application quickly enough, you can ask us for a form to start an official Delay Notice Procedure. If the delays are found to be unreasonable we may take some of your rent payments off thel purchase price.
Accepting the offer and completion
- You will then have the option to either accept the offer or appeal the valuation.
- If you accept the offer, legal papers will be drafted for you to complete your purchase.
What happens if you do not complete
If you do not complete after three months and it seems matters have been settled between you and us we will serve a First Notice to Complete.
You then have at least 56 days to either:
complete the sale
or tell us in writing of any outstanding matters.
If you do not complete after the first notice to complete, we may serve a second notice to complete.
This will give you another 56 days to complete the sale. If you do not complete by then your right to buy application will be cancelled. You can still re-apply to buy later.