The reason they gave was they no longer do the Social Buy Scheme. They wanted me to buy newly built properties or homes within their help to buy scheme. But new builds increase in value more slowly and the property is ideal for me. Asides from wanting to hold onto stock I don't understand why as a long term tenant I suddenly no longer have any privellages or options for buying anymore than an non housing association resident.
I'm a housing association tenant of a property valued at 157,000. Great location but ongoing damp damage. I lived in the address for nearly 8 years. Now told I can't access the Social Home Buy schemes as its been changed. So no discount or share option available. Has anyone else come against these recent restrictions? I don't know if its guidelines or the rule.