About the Right to Buy Discount

The government passed new legislation in 1980 that enabled many local authority tenants to purchase their homes for a discounted price. In October 1980 the right to buy scheme was born as part of the Act of Parliament 1980.

The scheme has been amended over the years. It can be used by council tenants and housing association tenants. Certain criteria will apply depending on the tenant’s circumstances.

The government’s Right to Buy scheme gives people the opportunity to buy their council home or housing association property at a price discounted below its market value.

To find out more about the discounts available, visit our Right to Buy mortgage page.

Using our Right to Buy Discount Calculator, you can calculate what discount you could be entitled to when purchasing your public sector property through the Right to Buy scheme.