Buying your council home

 

Under the Right to Buy scheme you may be able to buy your home from Dudley Council.  The length of time that you have spent as a tenant also entitles you to a discount on the price that you buy the property from us at.  Here is some information that will help to explain the Right to Buy scheme and the costs associated with home ownership.

 

Use the links (left) to answer the most frequently asked questions about the Right to Buy scheme.

 

 

 

If you're on a low income, you may be able to get help to buy a home on the open market. This also applies if you rent from a registered social landlord, such as a housing association. Home Buy is government-backed scheme, funded by the Housing Corporation, which has responsibility for registered social landlords (Housing Associations), in England.

If you qualify for help, it means that the government will contribute 25% towards the cost of your mortgage. You will not have to make repayments on this 25% equity in your home, only having to repay the money when you sell your home. This means that you have to pay back 25% of what your home is worth when you sell it in the future. To find out more, call Mercian Housing Association – who administer the scheme on our behalf – on 0121 377 8899.

 

 

There are other HomeBuy schemes that are run by housing associtions. For more information please go to the HomeBuy section of this site,