Council and Housing Association Tenants who meet certain criteria have the ‘Right To Buy’ their home and obtain a ‘Right To Buy’ discount on the purchase price of up to £84,200 (£112,300 in London). When you apply to your Landlord for Right To Buy, they will send you an offer letter containing their valuation of the property. The letter will also include an overview of the property condition and any structural defects.
Service Description, Benefits & Features
A Right To Buy Valuation from an independent RICS Registered Valuer allows you to check if the Landlord’s valuation is a fair and accurate one. As independent, RICS Surveyors, our reports can be used to challenge your Landlord’s offer, if that is necessary. You can also use the report as evidence if you appeal to the District Valuer. A Right To Buy Valuation also contains a brief overview of the property’s general condition, so that you may be able to contest any incorrect claims about the property condition.
If you want more detail on the condition and structure of the property, including the cost of any maintenance and repairs that you will be responsible for after purchase, you may wish to consider having a full RICS Building Survey.
Eligibility criteria applies to you AND the property you live in!
Am I eligible?
What does the Right To Buy Valuation include?