On 21 July 2014, the maximum discount amount for properties bought under the right to buy and preserved right to buy increased. The legislation that brought about the change also set out that the maximum discount amount would then increase on 6 April each year, in line with Consumer Price Index (CPI).
Due to an increase in CPI, the maximum discounts for any applications received on or after 6 April 2017 will be:
- £78,600 outside of London
- £104,900 within London
The maximum discount amount for the right to buy and preserved right to buy will be reviewed again next year.
For further information please contact Emma Holmes.
Latest news
Anthony Collins procurement expertise continues to grow
Social purpose law firm, Anthony Collins, welcomes new legal director
Friday 24 January 2025
Read moreAnthony Collins advised B3Living on strategic acquisition of 250 social homes
The social housing team at Anthony Collins advised Hertfordshire-based B3Living on the successful acquisition of 250 social homes from Orbit Group.
Tuesday 19 November 2024
Read moreLatest webinars and podcasts
Podcast: Who gets the microwave? Episode 2 – Non-court dispute resolution
Listen to the second in a series of podcasts from our matrimonial team where Tom Gregory, Chris Lloyd-Smith and Maria Ramon put down their litigation weapons and discuss the importance of […]
Friday 22 November 2024
Read morePODCAST: Who gets the microwave?
The first in a series of podcasts from our matrimonial team begins with the team discussing what happens to pets during divorce and separation.
Friday 16 August 2024
Read more