Preserved

Right to Buy

Right to Buy

Preserved Right to Buy is an initiative available to Southern Housing Group tenants who previously held a tenancy with their local authority.
 
If your home was transferred to Southern Housing Group from your local authority as part of a stock transfer, your Right to Buy the property you live in would have been protected under the conditions of the transfer. Check your new Tenancy Agreement with Southern Housing Group to find out if you’re eligible.
  
To help towards the cost of buying your home, eligible tenants can benefit from a discount; the maximum amount available on a home in a London borough is £108,000 and £80,900 for those outside of London.

The discount is based on:



  • How long you have been a tenant with a public sector landlord

  • The type of property you’re buying – a flat or a house

  • The value of your home


Eligibility Criteria:



  • You must have a protected assured tenancy

  • You must have been a public sector tenant for the past 3 years

  • Your home should not be subject to demolition

  • You have not been declared bankrupt or have a live bankruptcy petition pending against you

  • You should not have any outstanding possession orders


Note: If you sell your home within 5 years of purchase, you will be liable to repay all or some of the discount you received.

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Enquiry

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