Buying your home
Are you a tenant who would like to buy your PCH home? Depending on your circumstances, you may have the opportunity to buy your home through either the Right to Buy or Right to Acquire schemes.
Right to Buy
If you were a secure council tenant of Plymouth City Council and were living in your home when it was transferred to Plymouth Community Homes on the 20 November 2009 you may have been given the Preserved Right to Buy. In order to keep this Preserved Right to Buy, you would need to have continuously been a tenant of a Plymouth Community Homes property from the stock transfer date until now.
Someone who has succeeded to or is assigned the tenancy of a family member, who had the Preserved Right to Buy, may have gained the Preserved Right to Buy.
If you are considering a mutual exchange from another landlord to a Plymouth Community Homes property or have already done so, you would not be eligible to buy a property from Plymouth Community Homes under the Right to Buy scheme but you may be eligible to buy under the Right to Acquire scheme.
Please note that not all PCH properties are eligible to be sold under the Right to Buy scheme. Guidance and the application form can be found below:
Right to Acquire
If you don’t have a Preserved Right to buy, you may still be able to buy your home at a smaller discount under another scheme called Right to Acquire.
If you became a tenant of Plymouth Community Homes after 20 November 2009 and have been a public sector tenant for 3 years or more you may be able to buy your home under this scheme with a discount of £9,000.
If you are considering a mutual exchange from another landlord to a Plymouth Community Homes property or have already done so, you may also be eligible to buy under the Right to Acquire scheme.
Please note that not all PCH properties are eligible to be sold under the Right to Acquire scheme. Guidance and the application form can be found below:
Contractual Sales may apply to Plymouth Community Homes tenants who were secure tenants of another housing association and who had a contractual right to buy immediately before the ownership of their home transferred to Plymouth Community Homes.
If you would like more information please call 08082306500 or visit the Government website www.righttobuy.gov.uk.
How much is my home worth?
We understand that you may want to know what your home may be worth before you decide to submit an application. We do not hold valuations of homes as these are only considered when we receive application. We'll only provide the valuation once you and your property are eligible to proceed. Once your application has been accepted Plymouth Community Homes will arrange for your property to be valued by a Royal Institution of Chartered Surveyors (RICS) valuer. We will then need to carry out further checks before being able to send you an offer letter with your valuation, discount and purchase price.
You can obtain an estimated valuation of your property with the assistance of Zoopla Estimate (choose Zoopla Estimate). Once you have an estimated valuation you can go to the government website to use the Right to Buy calculator to potentially see how much you can buy your home for. Please note that the Right to Acquire discount for Plymouth is fixed at £9,000 for 2020/21.
The actual valuation of your property may differ to the estimated valuation provided by Zoopla depending on the condition of your property, the construction type of your property and any future works predicted that you may need to contribute towards.
Once you have an estimate value and you have considered the potential discount, it is worth speaking to an Independent Financial Adviser to see if you can afford to buy your home as well as the costs of maintenance before applying.
How do I make an application?
You will need to complete the appropriate application form and Financial Statement. These forms can be found above. If you don’t have access to a printer or electronic signature, paper copies can be requested by emailing us on firstname.lastname@example.org.
When submitting your application please provide for all applicants a colour copy of your ID (either photo driving licence or passport) which is in date. If you have changed your name and Plymouth Community Homes system hasn’t been updated we will need to see a copy of the relevant certificate(s).
We will also need to see proof of your address for each applicant. We will need to see copy of original documents, which have been received through the post. Each document will need to be addressed to your legal name, with your full address, and the date showing. The document cannot be from Plymouth Community Homes. We will need to see the following depending on your situation:
- Tenants: 1 document for each person dated in the last 3 months
- Spouse of tenants: 1 document dated in the last 3 months and copy of your marriage certificate
- Family members: 1 document from 13 months ago, a document every 3 months since and a document within the last month. We may also need to see evidence of your relationship to the tenant.
This list is not exhaustive and further documents may be required.
Please contact us if you will be unable to supply any of the documents above prior to submitting your application.
If you do not submit your application form and financial statement in full, signed and dated, along with the relevant ID proof of address documents, we will not be able to accept your application.
Please send all documentation to email@example.com or if submitting by post please send to:
Sales Team, Plymouth Community Homes, Plumer House, Tailyour Road, Plymouth, PL6 5DH