Right to Buy allows most council tenants to buy their council home at a discount.
There are different rules for Wales, Scotland and Northern Ireland.
If you are a tenant of Blackpool Council and are thinking of buying your home under the Right To Buy Scheme, you can apply to buy your council home if:
- it’s your only or main home
- it’s self-contained
- you’re a secure tenant
- you have spent a total of at least 3 years as a tenant of Blackpool Council, another Right to Buy landlord, a similar public body or in accommodation provided by the Armed Forces
Your home could be a valuable asset for you and your family and an investment for the future. Home ownership could give you more freedom to make the changes you want to your home. This could be your first step on the property ladder.
Remember, buying your home is a big decision and a commitment that shouldn’t be taken lightly. The responsibilities, costs and financial commitments that ownership brings need to be thought about carefully, so you should always get impartial financial and legal advice before buying.
|Can I afford it?|
Buying your home is a major financial commitment and if you are buying the lease (this applies to flats not houses) you will therefore be responsible for paying Service Charges twice a year.
You need to ask yourself if you can afford the cost of home ownership - as this can include:
|What forms do I need to complete?|
If you decide that you want to buy your home, you will need to fill in the following forms;
- Application Form (RTB1)
- Money Laundering Declaration Form
- Bankruptcy Form