Buying your home
If you’re thinking about buying the home you currently rent from Salix Homes, here’s what you need to know.
Depending on your circumstances, you may have what is known as the Right to Buy or Right to Acquire your home, with the help of a discount to the price.
Buying your home
You may have the Right to Buy your home if you signed your tenancy with Salix Homes before 23rd March 2015. If you signed your tenancy after this date, you may have the Right to Acquire.
If you have held your tenancy with us for a minimum of 3 years you may have the Right to Acquire.
If you’ve had a tenancy with another social landlord or local authority in the past, the years from that tenancy may also count towards the 3 years needed.
For more information visit the Government’s website.
Right to Buy
You can work out the amount of discount you may qualify for using the discount calculator. You may be entitled to an extra discount if you have held a tenancy with another social landlord or local authority in the past.
You’ll need to provide evidence of any previous tenancies, and we’ll contact the landlords on your behalf.
Right to Acquire
For properties in Salford, the Right to Acquire discount is currently a fixed amount of £9,000.
Start your application through MySalix and we will send you a full Right to Buy/Right to Acquire pack.
What happens next?
When you receive the pack, you will need to fill in the forms and gather all the required proof and ID.
We’ll set up a Right to Buy/Right to Acquire appointment with a member of our Tenancy Specialist team. At the appointment they will check your forms, take copies of your ID and tell you about the next steps of the process.
Be aware, once you have applied for the Right to Buy or Right to Acquire, we will only make any repairs to your home that are emergency repairs.
You will need a solicitor to help you through the buying process, and will have to pay their fees for their work making legal enquiries, drawing up contracts and handling money for the sale.
You may want to have a structural survey carried out on your home, or your mortgage provider may insist on one. You will also have to pay these survey costs.
If you are buying a flat, you’ll also need to think about ongoing extra costs such as ground rent and service charges. These charges are to cover services in communal areas, for example, external repairs, security, gardening or cleaning.
If you want to buy your flat, we’ll offer you an appointment with our leasehold team to discuss these charges.
You cannot buy your home if:
- you are not living in the property as your main home
- you live in our sheltered accommodation
- you live in a property designed for people with disabilities
- we’ve served a final demolition notice on your property
- we’ve obtained a possession order for your property
- you have an arrangement with creditors and you still owe the money, for example an Individual Voluntary Arrangement
- you are an undischarged bankrupt or you have a bankruptcy petition against you