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How much will I have to pay to buy my home?

If you buy your home under the Right to Buy, Preserved Right to Buy or Right to Acquire schemes, you'll receive a discount on the value of your home.

The exact discount you receive to buy your home will depend on your circumstances, such as the number of years you have been a tenant.

If you decide to buy your home, there will be also other costs involved alongside the cost of your property:

  • A solicitor or licensed conveyancer
  • Fee for the mortgage being arranged
  • The Land Registry fee
  • Stamp duty - Please refer to the Government website for the current Stamp Duty payments

If during the buying process you decide that you don't want to go ahead with buying your home, you'll have to pay any costs that have been run up so far.

Once you have bought your home, you'll become responsible for all the costs of maintaining your home, including major repairs, routine repairs and improvements.

 
 

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