Right to Buy scheme
How to calculate the discount
The percentage of discount you get depends on the length of your tenancy.
The minimum discounts are 35% for a house and 50% for a flat (3 to 5 years inclusive).
The maximum discounts are 70% for a house (up to 40 years tenancy), and 70% for a flat (15 to 30 years tenancy).
The maximum discount which was available up to the 20 November 2024 was £102,400.
The maximum discount available from the 21 November 2024 is £22,000.