Right to buy extension to make home ownership possible for millions more people

Published: 10/06/2022
Written by Curwens Solicitors

Well what a turn-up for the books! Today (9 June 2022), the current Prime Minister has just announced that up to 2.5 million tenants who are currently renting their homes from housing associations and similar organisations will possibly be given the opportunity to OWN them, and the best part is at a discounted rate through an already existing Right to Buy Scheme.

This new and exciting extension to the current scheme could under early indication benefit up to 2.5 million private paying tenants by giving them much needed support and opportunity to become homeowners. This would see them adding value and enable them to make home improvements as they would like to their homes, and above all else leaving behind a legacy to family members, charities and friends. (Subject to tax).

In the announcement the Government have stated that they will be speaking with and working closely with the housing association sector, to ensure that scheme is successful. Boris Johnsons has also committed to the building of replacement social homes for each and every one that is to be sold off.

Contact our Residential Conveyancing Lawyers

We at Curwens have always worked alongside the community that we serve offering assistance and support for all homeowners and have a specialist team ready to assist you with your #RightToBuy. To contact our residential conveyancing lawyers please complete our online contact form.

Please note that our briefings are for informational purposes only, and do not constitute legal advice.

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Any data that you submit using this web form will be held by our firm as Data Controller and will be held securely for 12 months before being securely and confidentially destroyed.
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Your data will not be disclosed to any third parties without your consent or as otherwise allowed by the relevant Data Protection legislation and will only be used for responding to your query (or purposes associated with that purpose).

You have the right to be informed about what data we hold about you along with other rights set out in the legislation. Further information about your rights under the data protection legislation can be found at www.ico.org.uk

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