Discount Entitlement
Change in Discount Eligibility
From the Budget announcement in October 2024, the Government has capped the eligible discount with effect from 21 November 2024.
For Yorkshire and the Humber the maximum discount applicable is £24,000 thereafter.
Any eligible application received before 21 November 2024, will have the original discount applied.
Your right to buy your home guide sets out the eligibility criteria for all applicants from 21 November 2024. Ensure you have read this carefully before submitting an application.
Current entitlement
All discounts start at 3 years of the eligible tenancy. Discount levels for houses and flats are different. Please visit the GOV.UK website for further details.
If you have bought a council property in the past under the Right to Buy scheme, the amount of discount you received for that property will be deducted from the amount of discount you are entitled to for your current property.
The cost floor rule
Your discount may also be reduced by a special rule called the cost floor. The cost floor rule may apply if your home has recently been -
- purchased by the council
- built by the council
- we have spent money on repairing and maintaining it
Under the cost the floor rule, the discount you receive must not reduce the price you pay below what has been spent on it by -
- building
- buying
- repairing
- maintaining
If the cost of works carried out over the 10-year period is greater than the market value of your home, you will not receive any discount. This period is 15 years if your home was built or acquired by us after Monday 2 April 2012.