Right to Buy
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.
6 April 2015
The government has recently announced changes to the legislation
surrounding the Right to Buy scheme.
From 6 April 2015 the maximum cash discount amount available to
eligible tenants will be £77,900. This figures will be increased on
an annual basis in line with the Consumer Price Index (CPI).
21 July 2014
The government has recently announced changes
to the legislation surrounding the Right to Buy scheme.
From today the maximum percentage discount
available to eligible tenants living in houses will be increased
from 60% to 70%. This brings the maximum percentage discount
in line with the maximum percentage discount available for
The maximum cash discount amount available to
eligible tenants has also increased in line with the Consumer Price
Index (CPI) on an annual basis. For 2014/15 the maximum cash
discount has raised from £75,000 to £77,00.
19 June 2012
With the changes to Right to Buy legislation we have become very
concerned about the methods of assistance that some private
companies are offering tenants in the Right to Buy process who
could be operating in your area. These companies do not
represent Your Homes Newcastle or Newcastle City
Tenants are normally contacted by door-to-door
representatives from private companies offering to help them buy
their Council homes. They may offer a mortgage, legal services or
an "all-in" package that may include home improvements after
buying. In some cases tenants do not want to buy their home but
feel pressured into signing forms just to get rid of the
By signing documents you have not read
properly, you may be entering into a legal agreement in which you
may have to pay the company thousands of pounds.
You are of course free to deal with such
companies if you wish, but we feel we should bring this to your
attention. If you are approached by a person or company offering to
help you buy your home, ask for identification, check out what’s in
it for them and feel free to talk to us before signing up to any
If you are interested in buying your home
contact us. We will
arrange for a valuation to be carried out on your home free of
charge. Our valuers all carry personal identification with them so
please ask to see it when they arrive to your home to carry out
Contact us if you have any
queries or cause for concern. If you would like to make a
complaint about any behaviour that you think has been improper, you
could contact the City Council’s Trading Standards Section on 0191
Find out more
Knowing our customers
We must comply with The Money Laundering
Regulations 2003 which require us to put certain control measures
in place to make sure we know our customers.
The Government made changes to the legislation
in 2007, giving us the right to ask customers how they will fund
the purchase of a property.
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 comply with these Regulations you need to
give us an identity document and evidence of your address from the
lists below (photocopies only). All applicants are
required to send in these documents.
Identity documents (please send one of
- A current signed passport.
- A current UK driving licence with
- A current full UK driving licence (old
version – but not old version of provisional driving licence)
Evidence of address (please send one
of the following):
- A utility bill issued within the last three
months (but not a mobile phone bill).
- A local authority tax bill valid for the
- 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
Please contact the Right to Buy
team if you have any questions or would like more
Right to Buy information for secure
Your Homes Newcastle is legally obliged to
tell all secure tenants about the right to buy scheme. Follow the
link below to some important information about the things you will
need to consider when deciding whether to exercise your right to