Offer from landlord

Once you've submitted your application to the council they must say whether or not they agree to sell it to you within 4 weeks of receiving your application (8 weeks if they've been your landlord for less than 3 years). If your landlord doesn't want to sell the property to you, they have to give you a reason.

If the landlord does agree to sell the property to you, they must send you an offer within 8 weeks for a freehold property, or 12 weeks for a leasehold property. You can apply to the council for a price without committing yourself. If you're not happy with the price offered you can stop your application at any time with no cost. 

You'll receive what's known as a Section 125 notice, which tells you the price you’ll be expected to pay. It will also set out details of the Right to Buy discount rates and estimates of any charges that will be deducted from your discount.

Once you receive your Section 125 notice you have 12 weeks to accept the offer or reject it and continue renting your home.

Call us FREE on 0800 083 0449, email info@yes-financial.com or complete our contact form and we’ll contact you at a time to suit you.

Contact the Right to Buy experts today to make your dream of owning your own home into reality!