Social Homebuy is a scheme designed to help existing tenants buy the home they already are living in. Subject to acceptance, you could buy your home with a fixed discount (currently £16,000 for all Hexagon areas except Swale), and you can choose to buy your home 100% outright, or purchase a smaller share. If you buy a smaller share, you continue to pay rent on the part you don’t own, and you can buy the rest at a later date.
The number of Hexagon tenants who can buy their own home through the Social Homebuy scheme in any one year is very limited, and a waiting list is in operation. For more details, or to register your interest, please contact our Customer Services team on 020 8778 6699.
Unfortunately Social Homebuy is not currently available to Hexagon tenants living in a home with 4 bedrooms or more. Eligibility conditions apply.
The Right to Acquire. If you are a Hexagon tenant and the home you live in was built or purchased on or after 1st April 1997, then you may be eligible to buy your home through the Right to Acquire, whereby homes are sold at the market value, less a fixed discount (currently £16,000). To qualify, you must have been a social housing tenant (but not necessarily with Hexagon the whole time) for at least 3 years.
For more information, or to register your interest, please contact us on 020 8778 6699 or email firstname.lastname@example.org. Eligibility conditions apply.