Right to Buy allows most tenants to buy their council or housing association home at a discount. Use the eligibility checker on the Right to Buy website to find out if you can apply.

Family members may be eligible to join in the Right to Buy with you. However, if they are not named on the tenancy agreement, they will need to have lived in the property for the past 12 months. There is nothing in law that specifies how a Right to Buy purchase should be financed.

You can get a discount on the market value of your home when you buy it if you qualify for Right to Buy.

The maximum discount is £82,800 across England, except in London boroughs where it’s £110,500. It will increase each year in April in line with the consumer price index (CPI).

Once you receive your offer which is called a section 125 notice you have 12 weeks to decide what you want to do. If you accept the offer it could take at least 3 further months for the sale to complete. Each application is different. It will usually take around 9 months from submitting your application to completing the sale, although Right to Buy Co-op normally manage to get you through the process in 4 months.

Our calculator can be used as a rough guide to help you work out the discount you may be eligible for under the current Right to Buy scheme. You will need to complete all the boxes including adding the approximate value of your home, which you can get by using our valuation tool and taking the estimated price.

You are likely to need a loan or mortgage, which you would pay back with interest, usually in monthly instalments to purchase your property unless you have the means to purchase your property yourself.