Right to
Acquire
Find out more about the
Right to Acquire scheme
What is Right to Acquire?
Right to Acquire is a government scheme that allows most housing association tenants to buy their home at a discount.
You can get a discount between £9,000 and £16,000 depending on where you live.
Who can apply for Right to Acquire?
You can apply to buy your housing association home if you’ve had a public sector landlord for at least three years.
These landlords include:
- Housing associations,
- Councils,
- The armed services,
- NHS trusts and foundation trusts.
The home you want to buy must also have been built with grant funds, be a self-contained property and your only, or main home.
Who is not able to apply for Right to Acquire?
You can’t use Right to Acquire if:
- You are being made bankrupt,
- A court has ordered you to leave your home,
- You are a council tenant – you may be able to use Right to Buy instead,
Find out more about Right to Buy - You have ‘Preserved Right to Buy’
How to apply for Right to Acquire
-
1.
Fill in the Right to Acquire application form on the government website
-
2.
Send your completed application form to: Silva Homes, Western Peninsula, Western Rd, Bracknell RG12 1RF
-
3.
We will contact you within four weeks of receiving your application to confirm if you qualify for the scheme. If your application is approved, we will arrange for a valuation of your property. If you do not qualify, we will explain the reason for this.
-
4.
For approved applications, once the valuation has been completed, we will send you an offer. We will do this within eight weeks if you are buying a freehold home, or twelve weeks if you are buying a leasehold home.
More information
More information about the Right to Acquire and Right to Buy schemes can be found on the government website.