Existing tenants of Pennine Housing 2000 may be eligible to purchase their current home under the Preserved Right to Buy scheme or the Right to Acquire scheme.
To qualify for the Preserved Right to Buy you must have been a tenant of Calderdale MBC or Sheffield CC when your property transferred to Pennine Housing (see dates below) and have continually been a tenant of Pennine Housing ever since without a break in tenancy. The applicable stock transfer dates are as follows:
- Calderdale - 5 March 2001
- Sheffield (Wisewood, Wadsley and Loxley) - 20 November 2006
- Sheffield (Manor Park and Harold Lambert Court) - 26 March 2007
If you became a tenant of Pennine Housing 2000 after these dates you may qualify for the Right to Acquire.
To qualify for either scheme you must have been a tenant for a specific length of time. If your tenancy with Pennine Housing 2000 began before 18 January 2005 you will need to have spent a total of 2 years as a public sector tenant. If your tenancy began after 18 January 2005 you will need to have been a public sector tenant for 5 years. You don't need to have spent this time at the same address or with the same landlord, the duration of different tenancies can be added together to total 2 or 5 years as applicable.
Also if you had a tenancy with another social landlord immediately before your Pennine Housing tenancy, without a break between the tenancies, the commencement date of the previous tenancy is used to determine whether you need 2 of 5 years worth of tenancies.
For full details about both schemes please see the booklets below
Right to buy booklet:- http://www.communities.gov.uk/documents/housing/pdf/138178.pdf
Right to acquire booklet: - http://www.housingcorp.gov.uk/upload/pdf/rta2006.pdf
Also if it is a flat you are thinking of buying it is advisable to read the 'Thinking of buying your flat' booklet which provides specific information about becoming a leaseholder.
http://www.communities.gov.uk/documents/housing/pdf/138175.pdf
Buying your home is probably the biggest financial decision you will ever make. We strongly advise you to take time to consider whether it is the right choice for you. For more information on the costs of home ownership see the leaflet below (homeownership_leaflet found in E:\ops\RCONTROL\RTBs\General Misc)
We also advise you to seek independent legal and financial advice. For independent mortgage advice please see the information below from the Financial Services Authority.
http://www.moneymadeclear.fsa.gov.uk/campaigns/Mortgages.html
If you decide you are interested in purchasing your home you may download the applicable application form below
Right to Buy application form (RTB1):- http://www.direct.gov.uk/en/Diol1/DoItOnline/DoItOnlineByCategory/DG_069239
Right to Acquire application form (RTA1):- http://www.housingcorp.gov.uk/upload/pdf/RTA1_Jan_06_vf.pdf
You may also obtain copies of any of the forms and booklets listed here from any of our local offices.
If you require any further information or have any queries about buying your home please contact our Home Ownership Officer Michelle Budris on 01422 284538 or e-mail michelle.budris@ph2k.org.uk
