Right to Buy

The icons below feature our frequently asked questions about the Right to Buy scheme.

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FAQs

What is Right to Buy?

This applies only to tenants who were living in their home when the property was transferred from the council to Poplar HARCA. The current maximum capped discount is £110,500.

Am I eligible?

The Government’s website provides a useful overview of who is eligible for the Right to Buy scheme.

How do I apply?

Please complete all of the forms below:

 

 

How long does the process take?

Find out how long you can expect it to take to buy your home with our step by step timeline.

If you are using a mortgage to help purchase your home, your lender will have processes they need to complete. Your solicitor or conveyancer should usually do a number of searches for other information about the property, mainly from the local council. The speed at which these searches take place is not under our control.

Stage 1: Admitting or denying your application

After you have completed your application, Poplar HARCA has four to eight weeks to let you know if you qualify for Right to Buy or Acquire your home.

Stage 2: Telling you how much we will sell you your home for

If you do have the Right to Buy or Acquire your home, Poplar HARCA has twelve weeks to value your home and tell you how much we will sell it to you for. This is called the Section 125 Offer Notice.

Stage 3: You decide

Once you receive this notice, you have twelve weeks to let us know if:

  • you want to buy your home at the price offered or
  • you aren’t happy with the price and would like to have your home re- valued.

If you ask to have your home re-valued, you will receive a new Offer Notice. The first Offer Notice and information you receive will explain the re-valuation process in more detail.

Once you receive the new Offer Notice you have another twelve weeks to let us know if you want to buy your home at the new price.

Stage 4: Drawing up the plans and lease

Once you let us know that you want to buy your home, Poplar HARCA must draw up the plans and lease as quickly as possible.

Stage 5: Completing the purchase

You must complete the purchase as quickly as possible.

Stage 6: Landlord’s prior notice to complete

Poplar HARCA will issue a landlord’s prior notice to complete and you will have 56 days to complete the purchase of your home.

Stage 7: Landlord’s final notice to complete

If you haven’t bought your home after the prior notice runs out, Poplar HARCA will issue a landlord’s final notice to complete and you will have a final 56 days to complete the purchase of your home.

Stage 8: Closing your application

If you still haven’t bought your home after the final notice runs out, Poplar HARCA will close your application and you will have to apply again.

Please bear in mind that other factors outside our control may affect the speed of the process.