Right to Acquire FAQ's

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How much discount will i be offered?

The discount for the scheme is fixed by the government and currently range form 9,000 to 16,000. The maximum amount of discount for properties in Tower Hamlets is £16,000 and may be subject to change in the future. Gateway will advise you of the discount at the time of your application.

If you sell the property within the first 5 years from the date of purchase you will be required to repay some or the entire discount as shown below.

  • If sold within a year. 100%
  • Within 2 years. 80%
  • Within 3 years. 60%
  • Within 4 years. 40%
  • Within 5 years. 20%
  • No repayment is required after 5 years.
  1. Right to acquire FAQ's