Buy your home
If you have been living in one of our homes for more than five years, you may have the right to acquire or a preserved right to buy your home. We also have a scheme where you can buy a share of your home.
Right to acquire
As a housing association tenant, you have the 'right to acquire' your home. We can offer discounts of up to £16,000. Visit the government website, to learn more about the scheme.
If you don't have the deposit to buy your home outright, you may be able to buy a share of your home through our Social HomeBuy scheme. A smaller ‘right to acquire’ discount will apply depending on the share you buy. If you buy a share, you continue to pay rent on the part you don't own, and you can buy the rest or more shares later.
Preserved right to buy
If you were a secure council tenant and were living in your home when it was transferred from your council to us, you likely qualify for the ‘right to buy’ your home. For example, if you're a resident on the Isle of Dogs and have been living in your property since 4 December 2005, you may be eligible.
The preserved ‘right to buy' offers a discount of up to £110,500 in London or £82,800 outside London (this page was revised in January 2020). This amount increases every year in April in line with inflation.
Looking to buy?
It's always worth calling us to find out which scheme applies to you and to discuss your options.
Call 0300 123 2034