Find out if you can buy the home you live in from us
There are a few different ways you can buy a home from social landlords like us.
They include through: Preserved Right to Buy, Voluntary Right to Buy (although this may not apply to us) and shared ownership.
There's some more information on each one below.
Preserved Right to Buy
- You may be able to buy your home if you have a 'protected assured tenancy' with us
- You are likely to have a protected assured tenancy if you were a tenant of Rochester Upon Medway City Council (now Medway Council) when their houses were sold to us in 1990
- Under Right to Buy you may be able to buy your home for less than its full market value
- To be able to buy your home, you have to meet certain criteria and some homes might not qualify
Voluntary Right to Buy scheme
We're not yet sure if this scheme affects us or not. We might know later this year (2017). We'll let you know as soon as we know.
We're not registered with the Homes and Communities Agency (HCA). The HCA are in charge of the Right to Buy scheme, so it may not apply to us.
However, if it does, it will be for customers who:
- Live in a Heart of Medway home, and who
- Don't already have a preserved right to buy
You can keep up-to-date with news about the scheme at RightToBuy.gov.uk.
If you want to get onto the property ladder, shared ownership can help you to buy a home of your own. It's an alternative to renting or full ownership (if you can't afford to buy a home outright).
You can buy as little as 25% of the home. You will pay rent to us for the part you don't own.
Find out more here.