Right To Buy
If you hold a secure tenancy with Pierhead and have been a tenant of a social landlord for at least two years (for tenancies taken up after 18/01/2005 this has increased to five years), it is likely that you are entitled to buy your home through the Right To Buy scheme. The Right To Buy scheme enables tenants to purchase the property they live in at a price which is cheaper than the market value.
Tenants’ seeking to exercise their Right To Buy in the North-West are entitled to a discount of up to 70% off the market value of the property, up to a maximum of £26,000. The discount increases with the length of time you have been a tenant with a social landlord (this includes other Housing Association and Local Authority tenancies) but will not exceed the maximum £26,000.
The first step in claiming the Right To Buy is to complete a Right To Buy form, which you fill in and return to us, following which we will determine whether or not you have the Right To Buy. You can download the form below, or you can request a Right To Buy form be posted to you.
Notice Claiming the Right to Buy
Right To Acquire
Tenants who live in Pierhead properties built or purchased after 1 April 1997 may have the right to purchase their home under the Right To Acquire scheme. Right To Acquire is a government initiative which enables tenants to purchase their home with a discount.
If you are an assured or secure tenant, and have been a tenant with a social landlord (Housing Association or council tenant) for at least two years (for tenancies taken up after 18/01/2005 this has increased to five years), it is possible that you have the Right To Acquire your home.
If you are interested in buying your home under the Right To Acquire provisions, the first stage is to get a Right To Acquire application form. You can download the form below, or you can request a Right To Acquire form be posted to you.
Right to Acquire Form (RTA1)
Using the information you provide on the form, we can decide whether you are eligible for the Right To Acquire. If you do, we will then have your home valued, and work out whether you are entitled to any discount (up to a maximum of £10,000 off the market price). Once you have this information, you can decide whether you wish to proceed with the purchase or not.
