Right to buy refers to the legal entitlement of council tenants in England and Wales to buy the property they are living in at a discounted price providing them with the opportunity to become homeowners. The right to buy scheme has specific criteria that the tenants must meet to qualify and specific timescales and deadlines for completion. In right to buy transactions issues typically can arise with the property title, lease terms and possibly existing disputes with housing associations. The solicitor acting for the council tends to prepare basic paperwork that is usually unspecific to the nature of the property and serves only to protect the council’s interest.
Here at Lilac Law, we can assist in addressing any issues that arise with the paperwork or legal title, meaning your discounted purchase is processed as successfully as any other standard purchase safeguarding your potential to resell or refinance the property in the future.