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Oxford City Council

PO Box 10, Oxford, OX1 1EN
Tel 01865 249811
Web http://www.oxford.gov.uk/

Housing

Right to Buy your home

If you are a tenant in council property, you may be able to buy your home from us. To qualify you must have spent at least 3 years as:

  • A tenant of Oxford City Council;
  • A tenant of another council or housing association; or
  • If you have lived in armed forces accommodation.

Certain council owned properties do not fall under the Right to Buy scheme as they provide support and services to other tenants.

These include:

  • Specialist housing for the elderly or disabled people;
  • A property that you have in connection with your job; and
  • Not having a secure tenancy, e.g. an introductory tenancy.

Things to consider:

If you are thinking about buying your home then please consider the following:

  • Going to a mortgage broker in advance of applying to find out if you can not only afford a mortgage but to get general mortgage advice.
  • You will be asked to come for an interview during the application process to run through tour application with a Right to Buy officer.
  • If any information within your application is considered false, it will be passed to our Housing Fraud team and as a result, may be declined.
  • When purchasing your home, there are other costs that you need to consider:
    - Stamp duty
    - Building survey
    - Independent financial advice
    - Legal advice and solicitors fees
    - On-going repairs and improvement costs
    - Insurance for building contents
  • Read through all the documentation on the government's Right to Buy website.

If you qualify for the Right to Buy government scheme and proceed with the application, you will not qualify for other government schemes such as Rent to Buy or Help to Buy.

PDF icon Right to Buy - Frequently Asked Questions (PDF)

Discount

You may be able to buy your home with a discount. The longer you have been a tenant, the larger your discount:

  • If you live in a house, you could get a discount between 50% and 70% of its value.
  • If you live in a flat, you could get a discount between 50% and 70% of its value.

The maximum discount for any property is £77,900.

For example, an applicant living in a house valued at £170,000 with a tenancy history of 20 years:

  • Qualifying % = 30% + 20 x 1% = 50%
  • £170,000 x 50% = £85,000.

In this case, the maximum discount of £77,900 is applied, so the house would be offered for sale at £92,100.

Buying a flat or maisonette

As a tenant of a flat or maisonette, you will buy your council home on a 'lease'. This is normally for 125 years but it can be for a shorter period. As well as your mortgage you will have to pay an annual service charge for services provided by the Council and contribute to any major maintenance works.

Valuations

If you wish to gain an insight into the current value of your home then websites such as Zoopla offer an online service. This entails you entering details of the property into an online form which then uses this information to give a calculated estimate of the current value of your house.

Please visit the Zoopla website and then click on the 'Current Values' tab and follow the instructions. The more detail you input, the better the more accurate the valuation will be.

Please note that this is not a valuation carried out by Oxford City Council and is to be used as a guideline only.

Ready to apply?

If you are ready to apply download and complete the Right to Buy application form from the GOV.UK website or request a form from us using the link below:

Apply For It iconRight to Buy Application Request Form

Important information

Once you have claimed the Right to Buy the Council will not usually carry out general maintenance on your property other than that for which we have a statutory obligation. For example, to keep the property wind and watertight, and to adequately maintain services i.e. heating, sanitary and electrical installations.

Page last updated 26 May 2015

Tenancy Management Team

St Aldate's Chambers

109 St Aldate's

Oxford

OX1 1DS

01865 252372


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