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The discount rules
The Right to Buy scheme gives tenants a discount on the market value of their home.
The longer you have been a tenant, the more discount you get, up to amaximum limit
that varies depending on where you live.
The maximum discounts available under the Right to Buy scheme are:
£38,000 in the South East, unless your home is in the local authority areas of:
• Chiltern
• Epsom & Ewell
• Hart
• Oxford
• Reading
• Reigate & Banstead
• Tonbridge & Malling
• Vale of the White Horse
• West Berkshire
In these local authority areas, the maximum discount is £16,000;
£34,000 in the Eastern Region (unless your home is in Watford where the
maximum discount is £16,000)
£30,000 in the South West
£26,000 in the North West, and the West Midlands
£24,000 in the East Midlands, and Yorkshire and the Humber
£22,000 in the North East
£16,000 in Wales
£16,000 in London (unless your home is in Barking and Dagenham or
Havering, where the maximum discount is £38,000).
If you are unsure which limit applies to you, ask your landlord. |
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