Right to buy and Right to Acquire
The following information applies to former tenants of Wycombe District Council whose homes were transferred to Red Kite Community Housing (Red Kite) on 12th December 2011. Those tenants have a preserved right to buy their homes from their new landlord.
This scheme is, therefore, for Red Kite tenants who:
- want to buy the home they currently rent from Red Kite and
- would like to pay a price lower than market value.
We provide a dedicated service for tenants who are considering buying their homes under current Right to Buy legislation.
You need to have been a public sector tenant for five years or more. Spouses and other family members who are not tenants may be included in a Right to Buy application, subject to certain conditions.
You may not always have the right to buy if you live in sheltered or temporary accommodation. Other exceptions sometimes apply to ground floor flats and to bungalows. If you are not sure if the Right to Buy applies to you, or to the home you are living in, or wish to check your tenancy qualifying period, please contact our sales officer whose details are below.
We provide the service at no cost to tenants. If you decide to purchase your home, you will have to pay the usual costs and fees involved with any house purchase. These will include solicitors' fees, stamp duty, survey fees, removal charges and any costs levied by your mortgage provider.
This depends on the length of your tenancy and the valuation of your home. Discount starts at 35% (50% if a flat) of your home’s valuation for five years' tenancy, increasing to 36% (52% if a flat) for six years' tenancy and so on. The maximum percentage discount is 60%, or 70% if a flat.
With effect from 2nd April 2012, the maximum monetary discount for any home in the Wycombe district is £75,000.
We do not provide mortgages. You will need to obtain your mortgage from a reputable mortgage lender.
How to apply for Right to Buy
Please download the Right to Buy application form and information pack here - there are lots of documents but it's important to read them through so you are clear on the process and what this means for you as a tenant:
Form to complete - Right to Buy.pdf [pdf] 77KB
FIll out this form if you would like to apply for Right to Buy
Guidance Notes for Form RTB1.doc [doc] 52KB
These are some useful notes to look at when filling in the form
Can you afford to buy your home.docx [docx] 28KB
Here are just a few things to think about before going ahead with the Right to Buy
Information to Tenants.doc [doc] 68KB
Some general information about Right to Buy
Fact Sheets.docx [docx] 33KB
A few hints and tips
Introductory letter.doc [doc] 38KB
The covering letter from our information pack to confirm your request for Right to Buy
Right to Buy process timeline.docx [docx] 16KB
To give you an idea about timings
Local Solicitors.docx [docx] 26KB
Some contact details for local solicitors to help with the process
Ethnic Origin Monitoring Form.doc [doc] 26KB
An additional form to fill out
Got a question? Get in touch...
01494 476232 or firstname.lastname@example.org.
Right to Acquire
This scheme is for people who became new tenants of Red Kite on or after 12 December 2011 and who were not tenants of Wycombe District Council immediately prior to this date.
The information shown above relating to qualification, exceptions and costs is the same for the Right to Acquire as for the Right to Buy.
Discount arrangements are different. The government has published set levels of discount for the Right to Acquire scheme and, for the Wycombe District, the set discount amount is £13500.