Cost of living support
Colchester City Council is providing support for residents facing the cost of living crisis.
The Right to Buy scheme was introduced by the Housing Act of 1980 and amended by the Housing Act 1985. Tenants that qualify for right to buy will receive discount on the open market value of the property; the amount of discount is dependent upon the length of tenancy and the type of property. If a property is resold within five years of the purchase a proportion of the discount would have to be repaid.
The Housing Act 2004 which came into force in January 2005, made further changes to the Right to Buy scheme. One of these changes gave the social landlord the right of first refusal on the resale within 10 years.
The Council is not required to buy back the properties, however we will consider all properties and make a decision on each individually.
When you enquire about the Right to Buy Back, we will need the following:
Email the above information to Terri.Hamilton@colchester.gov.uk
As from 1 April 2015 there will be an administrative charge associated with an application to apply for a discount waiver.>
Before you enquire, please ensure you have read the Frequently Asked Questions and the Policy.Frequently asked questions about the repayment of Right To Buy Discount
To make an initial enquiry and receive a call back regarding the process and administrative charges related to Repayment of Right to Buy Discount, contact Client Services with the following information:
There will be a non-refundable charge for this work of £290 including VAT.