Residents' handbook - Moat

SECTION 2YOUR TENANCYYOUR TENANCYBuying your homeThere are various ways for Moat residents to buy the home they livein.Right to Buy and Right to AcquireTo qualify for 'Right to Buy' you must:• Have held a tenancy with Maldon District Council, but transferredto Moat in 1995 or• Have held a tenancy with Merton Borough Council, but transferredto Moat in 1998 or• Have held a tenancy with Moat or a subsidiary prior to 15 January1989.You will only be able to purchase under the scheme if your house orflat is your only home.You may have the 'Right to Acquire' if you were a social housing tenantfor two years prior to 18 January 2005, or after five years if yourtenancy began after that date. However, you can only purchase yourhome if it was built or purchased by us after 1 April 1997 and fundedby social housing grant.In certain circumstances, you may not be able to buy your home.Youcannot buy your home if a court makes a suspended or full possessionorder which says you must leave your home, if you are an undischargedbankrupt, have a bankruptcy petition pending against you, or have madea formal arrangement with creditors (people you owe money to) underthe Insolvency Acts and you still owe them money.You may be able to exercise the Right to Buy or Right to Acquirejointly with members of your family who have lived with you for thepast 12 months, or with someone who is a joint tenant with you.Any land let together with your home (for example, gardens andoccasionally garages) will usually be treated as part of your home.2-2