Right to Buy solicitors

If you are considering taking up the option of right to buy or right to acquire, a specialist right to buy solicitor can help move things along.

The Right to Buy scheme was created in the 1980’s to allow council house tenants to take their first step onto the home ownership ladder. The scheme remains in force in England, and with housing associations having also been formed since its inception, an alternative Right to Acquire scheme also exists.

Instructing a specialist Right to Acquire or Right to Buy lawyer means you are dealing with someone with experience in completing property transactions where either a council or housing association is the property vendor.

Right to Acquire and Right to Buy legal advice

It is important to get legal advice when purchasing a property under either scheme, as there may be caveats attached to the purchase. Some of these:

• Repayment of any discount if the property is sold within a certain period after initial purchase
• You may have to give the previous owner the option to buy the property back at current market value if sold within a certain timeframe after initial purchase
• If the property is leasehold, the purchaser should be given an estimate of projected expenses for the next five years.

Right to Buy conveyancing lawyers

We have a large conveyancing team who between them have a wealth of experience in all types of residential property transactions. You can get a Right to Buy conveyancing quote by contacting our specialist quoting team.