Understanding the Right to Buy process
The Right to Buy scheme allows eligible tenants to purchase their property at a discounted price. While the scheme can provide an excellent opportunity to become a homeowner, there are important legal and financial considerations.
The transaction involves reviewing the offer notice from your landlord, checking the terms of the lease (if applicable), ensuring the discount is correctly applied and progressing the legal transfer of ownership.
You may also need to arrange a mortgage, consider future resale restrictions and understand your responsibilities as a homeowner, particularly if the property is leasehold.
Our role is to ensure you understand the documents you receive and that your purchase is completed correctly and efficiently.
How we can help
Reviewing your Right to Buy offer
We examine the Section 125 Notice to ensure the terms and purchase price are correct.
Advising on lease terms
If the property is leasehold, we explain service charges, ground rent and ongoing obligations.
Acting for your mortgage lender
If you require a mortgage, we satisfy your lender’s legal requirements.
Managing the legal transfer
We handle the conveyancing process and ensure ownership is properly registered.
Explaining future restrictions
We advise on any resale conditions or repayment of discount rules.
Keeping the process on track
We liaise with your landlord and other parties to progress matters efficiently.
