The Right to Acquire

The Right to Acquire is a scheme introduced by Registered Social Landlords (RSL's) giving eligible tenants the legal right to buy the home they currently rent at a discount.  To qualify for the scheme you need to have spent at least 2 years as a public sector tenant.

It should be noted that not all properties or all housing association tenants are eligible under the Right to Acquire scheme.

To qualify for the scheme a property must have been built or purchase by a registered Social Landlord, funded on or after 1 April 1997 through Social Housing Grant (SHG) provided by the Housing Corporation or a local authority.

If the registered Social Landlord does not own the freehold of the property, the freeholder must also be a public sector landlord for the property to qualify.

As well as occupying a qualifying property you must also have spent a total of two years as a public sector tenant.

For more information click on:

www.housingcorp.gov.uk/yourhome/rta.htm