How the Right to Buy scheme works
Your discount is calculated by how many years you have been a secure tenant.
Three to five years as a secure tenant gives you a 50% discount when you buy your flat or maisonette and 35% when you buy your house.
If you have been a secure tenant for six years or more, you will get an extra 2% discount per year for flats or maisonettes and an extra 1% discount per year for houses. This is capped at 70% or the maximum cash discount - whichever is lower.
Right to Buy Discount Calculator
Current discount cap
London: £16,000
Outside London: £38,000
These discounts will apply to Right to Buy applications which are served on the landlord by the tenant on or after 21st November 2024.
Your right to buy your home: a guide
