Right to acquire - Revision history

Designing Buildings at 09:07, 7 December 2020

2020-12-07T09:07:23Z

← Older revision		Revision as of 09:07, 7 December 2020
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	* Social rented housing.		* Social rented housing.

−	[[Category:DCN_Policy]] [[Category:Policy]] [[Category:Property_law]]	+	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:DCN_Policy]] [[Category:Policy]] [[Category:Property_law]]

Designing Buildings at 07:57, 18 October 2020

2020-10-18T07:57:58Z

← Older revision		Revision as of 07:57, 18 October 2020
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	Under the Act, 800,000 housing association tenants have the ‘right to acquire’ their homes, but in 2015, the government proposed extending the Right to Acquire scheme to a further 500,000 housing association tenants and giving them the same discount as council housing tenants under the Right to Buy scheme. In September 2015, the National Housing Federation proposed an alternative voluntary scheme for housing associations, which communities secretary Greg Clark accepted, on the condition that the sector agree the proposals within a week of the announcement. Agreement was confirmed in David Cameron's speech to the Conservative Party Conference in October 2015. See Right to buy extended to housing association tenants for more information.		Under the Act, 800,000 housing association tenants have the ‘right to acquire’ their homes, but in 2015, the government proposed extending the Right to Acquire scheme to a further 500,000 housing association tenants and giving them the same discount as council housing tenants under the Right to Buy scheme. In September 2015, the National Housing Federation proposed an alternative voluntary scheme for housing associations, which communities secretary Greg Clark accepted, on the condition that the sector agree the proposals within a week of the announcement. Agreement was confirmed in David Cameron's speech to the Conservative Party Conference in October 2015. See Right to buy extended to housing association tenants for more information.

−	~~= Find out more =~~	+	= Related articles on Designing Buildings Wiki =
−		+
−	=== Related articles on Designing Buildings Wiki ===	+

		+	* 100 years of council housing.
	* Affordable housing.		* Affordable housing.
	* Affordable rented housing.		* Affordable rented housing.
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	* Social rented housing.		* Social rented housing.

−	[[Category:~~Policy~~]] [[Category:~~DCN_Policy~~]] [[Category:Property_law]]	+	[[Category:DCN_Policy]] [[Category:Policy]] [[Category:Property_law]]

Editor at 10:19, 2 February 2016

2016-02-02T10:19:01Z

← Older revision		Revision as of 10:19, 2 February 2016
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	* Right to buy extended to housing association tenants.		* Right to buy extended to housing association tenants.
	* Right to contest.		* Right to contest.
		+	* Right to rent.
	* Social housing.		* Social housing.
	* Social rented housing.		* Social rented housing.

−	[[Category:Policy]] [[Category:Property_law]]	+	[[Category:Policy]] [[Category:DCN_Policy]] [[Category:Property_law]]

Editor at 14:55, 4 January 2016

2016-01-04T14:55:24Z

← Older revision		Revision as of 14:55, 4 January 2016
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	* Help to buy.		* Help to buy.
	* Housing associations.		* Housing associations.
		+	* Housing tenure.
	* Intermediate housing.		* Intermediate housing.
	* Localism act.		* Localism act.

Editor at 15:18, 10 December 2015

2015-12-10T15:18:10Z

← Older revision		Revision as of 15:18, 10 December 2015
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−
	The 1996 Housing Act introduced the [https://www.gov.uk/right-to-acquire-buying-housing-association-home/overview Right to Acquire]. This is a statutory right for housing association tenants to acquire their homes at a discounted price from the open market value. The right is applied to eligible tenants living in eligible properties. A tenant can buy their home with a joint tenant or with up to 3 family members who have lived in that property for the past 12 months.		The 1996 Housing Act introduced the [https://www.gov.uk/right-to-acquire-buying-housing-association-home/overview Right to Acquire]. This is a statutory right for housing association tenants to acquire their homes at a discounted price from the open market value. The right is applied to eligible tenants living in eligible properties. A tenant can buy their home with a joint tenant or with up to 3 family members who have lived in that property for the past 12 months.

	The Right to Acquire operates in the similar way as the Right to Buy, subject to the following important differences:		The Right to Acquire operates in the similar way as the Right to Buy, subject to the following important differences:
−	*Housing associations can sell an alternative property to tenants.	+
−	*The Right to Acquire discount is a flat rate, so it does not change depending on the number of years a person has been a housing association tenant.	+	* Housing associations can sell an alternative property to tenants.
−	*The discount offered is less generous than that under the Right to Buy scheme.	+	* The Right to Acquire discount is a flat rate, so it does not change depending on the number of years a person has been a housing association tenant.
−	*There is no preserved Right to Acquire.	+	* The discount offered is less generous than that under the Right to Buy scheme.
		+	* There is no preserved Right to Acquire.

	A person can apply if they have had a public sector landlord for 5 years. These landlords include:		A person can apply if they have had a public sector landlord for 5 years. These landlords include:
−	*Housing associations.	+
−	*Councils.	+	* Housing associations.
−	*The armed services.	+	* Councils.
−	*NHS trusts and foundation trusts.	+	* The armed services.
		+	* NHS trusts and foundation trusts.

	To qualify, a person must have been a housing association tenant for a total of at least:		To qualify, a person must have been a housing association tenant for a total of at least:
−	*5 years if the tenancy started on or after 18 January 2005.	+
−	*2 years if the tenancy started before 18 January 2005.	+	* 5 years if the tenancy started on or after 18 January 2005.
		+	* 2 years if the tenancy started before 18 January 2005.

	The property must have been:		The property must have been:
−	*Built or bought by a housing association after 31 March 1997 and funded through a social housing grant provided by the Housing Corporation or a local council.	+
−	*Transferred from a local council to a housing association after 31 March 1997.	+	* Built or bought by a housing association after 31 March 1997 and funded through a social housing grant provided by the Housing Corporation or a local council.
		+	* Transferred from a local council to a housing association after 31 March 1997.

	The home a tenant wishes to purchase must be:		The home a tenant wishes to purchase must be:
−	*A self-contained property.	+
−	*The only or main home for the tenant.	+	* A self-contained property.
		+	* The only or main home for the tenant.

	A tenant will not be eligible to claim the Right to Acquire if they are:		A tenant will not be eligible to claim the Right to Acquire if they are:
−	*An undischarged bankrupt.	+
−	*The subject of a possession order served by court.	+	* An undischarged bankrupt.
−	*Subject to a formal creditors agreement.	+	* The subject of a possession order served by court.
		+	* Subject to a formal creditors agreement.

	Right to Acquire discounts are fixed for each area by the UK government. The discounts usually vary from £9,000 to £16,000 depending on where the tenant lives. The maximum discount available is 50% off the market value.		Right to Acquire discounts are fixed for each area by the UK government. The discounts usually vary from £9,000 to £16,000 depending on where the tenant lives. The maximum discount available is 50% off the market value.
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	=== Related articles on Designing Buildings Wiki ===		=== Related articles on Designing Buildings Wiki ===
−	*Affordable housing.
−	*Affordable rented housing.
−	*Asset of community value.
−	*Community right to bid.
−	*Community right to build.
−	*Community right to reclaim land.
−	*Help to buy.
−	*Housing associations.
−	*Intermediate housing.
−	*Localism act.
−	*Neighbourhood planning.
−	*Real Estate Investment Trusts.
−	*Right to buy manifesto pledge.
−	*Rent to buy.
−	*Right to buy.
−	*Right to buy extended to housing association tenants.
−	*Right to contest.
−	*Social rented housing.

−	[[Category:Policy]]	+	* Affordable housing.
−	[[Category:Property_law]]	+	* Affordable rented housing.
		+	* Asset of community value.
		+	* Community right to bid.
		+	* Community right to build.
		+	* Community right to reclaim land.
		+	* Help to buy.
		+	* Housing associations.
		+	* Intermediate housing.
		+	* Localism act.
		+	* Neighbourhood planning.
		+	* Real Estate Investment Trusts.
		+	* Right to buy manifesto pledge.
		+	* Rent to buy.
		+	* Right to buy.
		+	* Right to buy extended to housing association tenants.
		+	* Right to contest.
		+	* Social housing.
		+	* Social rented housing.
		+
		+	[[Category:Policy]] [[Category:Property_law]]

Designing Buildings at 09:30, 8 October 2015

2015-10-08T09:30:49Z

← Older revision		Revision as of 09:30, 8 October 2015
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	To apply, a tenant contacts their landlord for the Right to Acquire claim form (RTA 1). The landlord has 4 weeks to reply to the application. Landlords will then send the offer; tenants can appeal within 3 months. If the tenant wants to proceed, a mortgage can be obtained and legal representatives are contacted. The final purchase should be completed within 3 months of receiving the offer notice.		To apply, a tenant contacts their landlord for the Right to Acquire claim form (RTA 1). The landlord has 4 weeks to reply to the application. Landlords will then send the offer; tenants can appeal within 3 months. If the tenant wants to proceed, a mortgage can be obtained and legal representatives are contacted. The final purchase should be completed within 3 months of receiving the offer notice.

−	Under the Act, 800,000 housing association tenants have the ‘right to acquire’ their homes, but in 2015, the government proposed extending the Right to Acquire scheme to a further 500,000 housing association tenants and giving them the same discount as council housing tenants under the Right to Buy scheme. In September 2015, the National Housing Federation proposed an alternative voluntary scheme for housing associations, which communities secretary Greg Clark accepted, on the condition that the sector agree the proposals within a week of the announcement. Agreement was confirmed in David Cameron's speech to the Conservative Party Conference in October 2015.~~<br/>~~	+	Under the Act, 800,000 housing association tenants have the ‘right to acquire’ their homes, but in 2015, the government proposed extending the Right to Acquire scheme to a further 500,000 housing association tenants and giving them the same discount as council housing tenants under the Right to Buy scheme. In September 2015, the National Housing Federation proposed an alternative voluntary scheme for housing associations, which communities secretary Greg Clark accepted, on the condition that the sector agree the proposals within a week of the announcement. Agreement was confirmed in David Cameron's speech to the Conservative Party Conference in October 2015. See Right to buy extended to housing association tenants for more information.

	= Find out more =		= Find out more =
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	*Rent to buy.		*Rent to buy.
	*Right to buy.		*Right to buy.
		+	*Right to buy extended to housing association tenants.
	*Right to contest.		*Right to contest.
	*Social rented housing.		*Social rented housing.

Designing Buildings at 15:39, 7 October 2015

2015-10-07T15:39:48Z

← Older revision		Revision as of 15:39, 7 October 2015
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	To apply, a tenant contacts their landlord for the Right to Acquire claim form (RTA 1). The landlord has 4 weeks to reply to the application. Landlords will then send the offer; tenants can appeal within 3 months. If the tenant wants to proceed, a mortgage can be obtained and legal representatives are contacted. The final purchase should be completed within 3 months of receiving the offer notice.		To apply, a tenant contacts their landlord for the Right to Acquire claim form (RTA 1). The landlord has 4 weeks to reply to the application. Landlords will then send the offer; tenants can appeal within 3 months. If the tenant wants to proceed, a mortgage can be obtained and legal representatives are contacted. The final purchase should be completed within 3 months of receiving the offer notice.

−	Under the Act, 800,000 housing association tenants have the ‘right to acquire’ their homes, but in 2015, the government proposed extending the Right to Acquire scheme to a further 500,000 housing association tenants and giving them the same discount as council housing tenants under the Right to Buy scheme. In September 2015, the National Housing Federation proposed an alternative voluntary scheme for housing associations, which communities secretary Greg Clark accepted, on the condition that sector agree the proposals within a week of the announcement. Agreement was confirmed in David Cameron's speech to the Conservative Party Conference in October 2015.<br/>	+	Under the Act, 800,000 housing association tenants have the ‘right to acquire’ their homes, but in 2015, the government proposed extending the Right to Acquire scheme to a further 500,000 housing association tenants and giving them the same discount as council housing tenants under the Right to Buy scheme. In September 2015, the National Housing Federation proposed an alternative voluntary scheme for housing associations, which communities secretary Greg Clark accepted, on the condition that the sector agree the proposals within a week of the announcement. Agreement was confirmed in David Cameron's speech to the Conservative Party Conference in October 2015.<br/>

	= Find out more =		= Find out more =

Designing Buildings at 14:45, 7 October 2015

2015-10-07T14:45:29Z

← Older revision		Revision as of 14:45, 7 October 2015
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	To apply, a tenant contacts their landlord for the Right to Acquire claim form (RTA 1). The landlord has 4 weeks to reply to the application. Landlords will then send the offer; tenants can appeal within 3 months. If the tenant wants to proceed, a mortgage can be obtained and legal representatives are contacted. The final purchase should be completed within 3 months of receiving the offer notice.		To apply, a tenant contacts their landlord for the Right to Acquire claim form (RTA 1). The landlord has 4 weeks to reply to the application. Landlords will then send the offer; tenants can appeal within 3 months. If the tenant wants to proceed, a mortgage can be obtained and legal representatives are contacted. The final purchase should be completed within 3 months of receiving the offer notice.

−	Under the Act, 800,000 housing association tenants have the ‘right to acquire’ their homes, but in 2015, the government proposed extending the Right to ~~Aqcuire~~ scheme to a further 500,000 housing association tenants and giving them the same discount as council housing tenants under the Right to Buy scheme. In September 2015, the National Housing Federation proposed ~~and~~ alternative voluntary scheme for housing associations, which communities secretary Greg Clark accepted, on the condition that sector agree the proposals within a week of the ~~annoncement~~. <br/>	+	Under the Act, 800,000 housing association tenants have the ‘right to acquire’ their homes, but in 2015, the government proposed extending the Right to Acquire scheme to a further 500,000 housing association tenants and giving them the same discount as council housing tenants under the Right to Buy scheme. In September 2015, the National Housing Federation proposed an alternative voluntary scheme for housing associations, which communities secretary Greg Clark accepted, on the condition that sector agree the proposals within a week of the announcement. Agreement was confirmed in David Cameron's speech to the Conservative Party Conference in October 2015.<br/>

	= Find out more =		= Find out more =

Designing Buildings at 07:21, 2 October 2015

2015-10-02T07:21:58Z

← Older revision		Revision as of 07:21, 2 October 2015
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	To apply, a tenant contacts their landlord for the Right to Acquire claim form (RTA 1). The landlord has 4 weeks to reply to the application. Landlords will then send the offer; tenants can appeal within 3 months. If the tenant wants to proceed, a mortgage can be obtained and legal representatives are contacted. The final purchase should be completed within 3 months of receiving the offer notice.		To apply, a tenant contacts their landlord for the Right to Acquire claim form (RTA 1). The landlord has 4 weeks to reply to the application. Landlords will then send the offer; tenants can appeal within 3 months. If the tenant wants to proceed, a mortgage can be obtained and legal representatives are contacted. The final purchase should be completed within 3 months of receiving the offer notice.

−	Under the Act, 800,000 housing association tenants have the ‘right to acquire’ their homes, but in 2015, the ~~Conservative’s~~ proposed extending the scheme to a further 500,000 housing association tenants and giving them the same discount as council housing tenants under the Right to Buy scheme.<br/>	+	Under the Act, 800,000 housing association tenants have the ‘right to acquire’ their homes, but in 2015, the government proposed extending the Right to Aqcuire scheme to a further 500,000 housing association tenants and giving them the same discount as council housing tenants under the Right to Buy scheme. In September 2015, the National Housing Federation proposed and alternative voluntary scheme for housing associations, which communities secretary Greg Clark accepted, on the condition that sector agree the proposals within a week of the annoncement. <br/>

	= Find out more =		= Find out more =

31.54.0.216 at 08:59, 8 July 2015

2015-07-08T08:59:51Z

← Older revision		Revision as of 08:59, 8 July 2015
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	To apply, a tenant contacts their landlord for the Right to Acquire claim form (RTA 1). The landlord has 4 weeks to reply to the application. Landlords will then send the offer; tenants can appeal within 3 months. If the tenant wants to proceed, a mortgage can be obtained and legal representatives are contacted. The final purchase should be completed within 3 months of receiving the offer notice.		To apply, a tenant contacts their landlord for the Right to Acquire claim form (RTA 1). The landlord has 4 weeks to reply to the application. Landlords will then send the offer; tenants can appeal within 3 months. If the tenant wants to proceed, a mortgage can be obtained and legal representatives are contacted. The final purchase should be completed within 3 months of receiving the offer notice.
		+
		+	Under the Act, 800,000 housing association tenants have the ‘right to acquire’ their homes, but in 2015, the Conservative’s proposed extending the scheme to a further 500,000 housing association tenants and giving them the same discount as council housing tenants under the Right to Buy scheme.<br/>

	= Find out more =		= Find out more =
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	*Neighbourhood planning.		*Neighbourhood planning.
	*Real Estate Investment Trusts.		*Real Estate Investment Trusts.
		+	*Right to buy manifesto pledge.
	*Rent to buy.		*Rent to buy.
	*Right to buy.		*Right to buy.