Preserved Right to Buy
If you’re a housing association tenant in England the Preserved Right to Buy scheme could help you buy the home you currently live in with a discount of up to £78,600 (£104,900 in London).
You could be eligible if you were a secure council tenant and you were living in your home when it was transferred from the council to another landlord, like a housing association.
It could also be eligible if you then moved to another home owned by the new landlord. But not if you moved to a home owned by a different landlord.
Your landlord will be able to tell you whether you have the Preserved Right to Buy. If you’re a housing association tenant and you’re not eligible for this scheme, you may be eligible for the Right to Acquire scheme instead.
Find out if you could be eligible for the Preserved Right to Buy, what discount you might get and whether you can afford to buy – and how to take the next steps if you decide to apply.
The government has plans to extend the Right to Buy to more housing association tenants. If you are a housing association tenant and not currently eligible, you can register your interest on the Right to Buy website to receive progress updates.