Right to Buy and Acquire
You may have the right to buy your home either through the
'Right to Buy' or 'Right to Acquire' schemes.
Preserved Right to Buy
If you have been a tenant of North Dorset
District Council since 6 September 1994 which was the date of
the transfer of properties to Signpost you may have what is known
as a ‘Preserved Right to Buy’.
Right to Acquire
If you have been a tenant of Signpost for at
least 2 years before 18 January 2005 or 5 years since 18 January
2005 you may have what is known as ‘The Right to Acquire’. The
right only applies to specific areas. Your home must have been
built or purchased by a housing association and funded by grant
from the Housing Corporation or a local authority or other funding.
Signpost will confirm whether you have the ‘Right to Acquire’ upon
request.
You will not have the
‘Right to Buy’ or ‘Right to Acquire’ if:
- You have broken the terms of a suspended
possession order for example rent arrears.
- You have a bankruptcy petition against
you.
- Your home has been designed or adapted to
make it suitable for people who are physically disabled
- Your home is one of a group generally let to
people of a pensionable age or who are physically disabled and
special services are provide to them such as warden or the use of a
common room close by.
- Your home is one of a group generally let to
people who are suffering from a mental disorder and special
services are provided.
- Your home is particularly suitable for
occupation by people of pensionable age and was built for those
people.
- If you are applying for the right to acquire
the valuation of your home is valued at or below our loan on your
home.
- Signpost has served a notice on you that we
intend to demolish your home within 2 years.
If you wish to apply for either a ‘Right to
Buy’ or a ‘Right to Acquire’ you need to contact the
Legal Team and you will be sent an application form (RTB1 for
the Right to Buy or RTA1 for the Right to Acquire) and a booklet
giving you further information.
Who to contact
To contact the Legal Team please use the
details at the top of this page. Please mark your correspondence to
the Legal Team.