If you decide to purchase your London property from a housing association or council, they will either refuse your request or make you an offer. Check the fairness of your landlord’s proportion by getting in touch with our panel of RICS registered valuers for a Right to Buy valuation. You must also retain in mind that an appraisal merely gives a short overview of the situation of a residence. If you require a estimate on the cost of required repairs, read about building surveys. The landlord’s Right to Buy offer should include:
Receiving a Right to Buy valuation from a RICS registered valuer allows you to:
For a minimal fee, a Right to Buy valuation is accessible through an independent RICS valuer. This valuation can contest the conditions of a landlord’s offer, allowing you to get a decent price on your council home.
Tenants can buy their council or housing association home at a big discount through the Right to Buy scheme. You could get a discount when you have been living in a house for between 3 and 5 years equal to:
With the current Right to Buy Scheme, your council home’s market value is eligible for a discount of up to 70%, but how much do you really trust your landlord’s valuation? If you want to make sure your home’s value is fairly and accurately appraised, you want a RICS Right to Buy valuation. Our panel of RICS registered valuers work completely independently of lenders.
