Buying Your Home
This section of the site contains key point on whether you can buy your Trust home and how to go about doing so.
If you are a tenant of the Trust and want to buy your home, there are two schemes that may help you do this
- The Preserved Right to Buy
- The Right to Acquire
Things to consider when buying your home
If you buy your home under the preserved Right to Buy or Right to Acquire schemes, you will have new responsibilities to deal with. These include:
- Keeping up your monthly mortgage repayments – or you could lose your home.
- (With flat or maisonette purchases) Paying service charges towards repairs, maintenance, major building work, upkeep of shared communal areas and management costs.
- Arranging buildings insurance to protect your home from fire, flood and other disasters.
- Water rates.
- Council Tax.
- Any repairs or maintenance to your home that are not covered by your insurance.
- You may also want to take out a mortgage insurance policy so that your monthly repayments are met if you become ill or unemployed.
To find out more information on these schemes please click on the tabs
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| Email us - homeownership@wcht.org.uk | Call us on 01923 209005 |
