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Right to buy and right to acquire

Right to Buy and Right to Acquire are two government schemes where some of our tenants can apply to buy the property they live in, at a discount. To qualify for either scheme, a certain list of criteria must be met. On this page you'll find more information about the schemes and if you are able to apply.

Who currently qualifies for the existing schemes?

Right to Buy

You can only apply for the Right to Buy if:

  • You were previously a secure tenant of a local authority and your home was transferred to Hyde. This only applies if you were living in the home at the date it was transferred.

  • You have been a tenant of ours for at least three years.

  • You live in a self-contained property (no shared facilities like kitchens and bathrooms).

If you're a housing association tenant you might not be eligible if:

  • You are bankrupt or are being made bankrupt.

  • You live in a home considered particularly suitable for the elderly.

Find out more about if you are able to Right to Buy, take this survey on the Government's website.

Right to Acquire

You can only apply for the Right to Acquire if:

  • If your home was built or acquired after 1 April 1997.

  • You have been a tenant for at least three years.

  • You live in a self-contained property (no shared facilities like kitchens and bathrooms).

If you're a housing association tenant you might not be eligible if:

  • You are bankrupt or are being made bankrupt.

  • You live in a Designated Rural Area or National Park.

  • You live in a home considered particularly suitable for the elderly.

Visit the government website and find out more about the Right to Acquire scheme.

The cost of home ownership

If you qualify for Right to Buy or Right to Acquire, you must then carefully consider whether you can afford the costs of being a homeowner. If you do not keep up repayments on your mortgage your home could become repossessed and your risk being made homeless. On-going costs to take into account include:

  • Mortgage repayments - these may work out higher than your current rental payments. Take a look on property website rightmove.co.uk and search for properties in your area to work out how much your home could be worth and approximate mortgage payments. 

  • Repairs and maintenance - as a homeowner you will be responsible for all repairs and maintenance to your home. Major repairs such as boiler replacements, roofing repairs and electrical issue can be costly. 

  • Service charges - if you are buying your property you will have to pay annual service charges. The amount you will pay will vary every year depending on what repairs are required. Major repair work can be costly.
  • Insurance - including buildings and contents.

  • Other costs such as council tax, utilities and other bills.

For more guidance, check out the government's handy Right to Buy calculator tool.

How do I apply?

If you have met the criteria to Right to Acquire or Right to buy and you've considered the cost of home ownership then your next step is to request an application form from our Home Ownership Team. Please complete our online form to request an application pack.

You may be asked to supply documentation at a later date. If you are, please ensure you only send certified copies of ID and evidence of residency. Please note that you do not need a third party to complete the application form for you, it is something you can do yourself.

Request application pack

What happens after I have applied?

Our next step is to assess your application and write back to you confirming whether or not you have the Right to Buy or Right to Acquire. If you do have the Right to Buy or Acquire, we will arrange for your home to be valued and send you an offer of sale. You then have three months to decide if you wish to buy your home.

For further information about what happens after you've applied for Right to Buy or Right to Acquire check out our FAQs (frequently asked questions).

FAQs: Applying for Right to Buy and Right to Acquire