Right to Buy
Thursday 22 December 2011
The Government has published proposals
for consultation on the discount entitlement for the
Right to Buy. The proposals will see the cash caps under
Right to Buy increased to a meaningful level of £50,000 across
England.
For further information, please visit the Government
website www.communities.gov.uk.
What is the Right to Buy?
The Right to Buy is a government scheme to allow secure tenants
the right to buy their Council home at a discounted price.
Your Homes Newcastle’s Right to Buy team deals with all Right to
Buy sales of Council homes in Newcastle upon Tyne.
We offer a friendly and professional service free of charge and
have a firm commitment to our Service Standards. The information on
this website is intended for Newcastle City Council tenants only
and is not a complete and authoritative statement of the law.
Tenants of other Councils or Housing Associations are advised to
contact their own landlord for details of the Right to Buy in their
area.
More information about Right to Buy for Newcastle City Council
tenants
Information you need to know about customer identification and
verification
The Money Laundering Regulations 2003 came into force on 1 March
2004. The legislation requires organisations to put certain
control measures in place to ensure they know their customers,
including conducting customer identification and
verification.
The government made changes to the legislation on 15 December 2007,
giving organisations the right to ask their customers how they will
fund the purchase of a property.
In order to comply with the regulations and as part of the Right to
Buy customer identification process, we must be able to confirm the
identity of our customers, their home addresses and how they will
fund their Right to Buy purchase.
To enable us to comply with these Regulations please provide the
Right to Buy team with an identity document and evidence of your
address from the lists below.
Identity documents:
- A current signed passport
- A current UK driving licence with photograph
- A current full UK driving licence (old version – but not
old version of provisional driving licence)
Evidence of address:
- A utility bill issued within the last three months (but not a
mobile phone bill)
- A local authority tax bill valid for the current year
- Bank, building society or credit union statement showing
current address
- Current UK driving licence (old full licence or new photo card
licence) if not used for evidence of identity
Please contact the Right to Buy
team if you have any questions or would like more
help.
