housing advice ni
 
 
housing advice ni - Advice Services Directory
housing advice ni


Take our poll!

What is the biggest housing issue in Northern Ireland today?
 

 
Right to buy Print E-mail

Most Housing Executive and housing association tenants have the right to buy their home at a discount after living in it for five years.

The amount of discount you are entitled to will depend on the length of your tenancy and the amount of equity you wish to buy.

As of 1st January 2009, the Right to Buy scheme has been extended to allow social tenants to buy their home in full, or partially, in shares of equity.

Who can buy?

Housing Executive and housing association tenants are usually able to buy their home after five years. Private tenants don't have this right. More arrow.jpg

Working out the purchase price

Explains how your discount is worked out if you have lived in Housing Executive or housing association accommodation for more than five years. More arrow.jpg

Responsibilities after the sale

Owning you home brings extra responsibilities and costs compared with being a Housing Executive tenant. You could lose your home if you don't keep up your mortgage repayments. More arrow.jpg

Can I resell my home?

You can resell your property at any time. However, you will usually have to repay all of your discount if you sell within five years. More arrow.jpg

Buying a Housing Executive house

Buying your Housing Executive home is similar to buying any other home. You will usually need to get a mortgage and contact a solicitor. You must also complete the Housing Executive’s application procedure. More arrow.jpg

Buying a housing association house

You will have to complete your housing association's application procedure before you can buy your home. More arrow.jpg

I applied before 12th October 2004

If you applied before the 12th October 2004, your application falls under the old house sales scheme. While the schemes are similar there are a number of important differences between the old scheme and the current scheme. More arrow.jpg

 
Housing Rights Advice NI

Content on this site applies to Northern Ireland only.

Housing Rights Advice NI
Housing Rights Advice NI
 
developed_by_new.jpge-gov_awards.gif

Bookmark this page:

twitter facebook digg reddit stumbleupon furl yahoo spurl google information

supported_by_hex_new.jpg

 

 

© HRS 2009 | 028 9024 5640 | 10-12 High Street, Belfast BT1 2BA | legal | accessibility | sitemap | contact us