If you submit a right to buy application or already have one in process, you may experience some delays in completing assessments on your application so please bear with us.
For any questions or queries, please contact:
Service Charge & Leasehold Team
ServiceChargeLeasehold@jigsawhomes.org.uk
t: 0300 111 1133
Tenants of Jigsaw Homes North, who were tenants of Chorley Borough Council at the time of the Large Scale Voluntary Stock Transfer, have the Preserved Right to Buy.
The Preserved Right to Buy allows some tenants to purchase their current home at a discounted rate.
It should be noted that some properties, mainly sheltered accommodation, transferred under the Large Scale Voluntary Stock Transfer are excluded from the Preserved Right to Buy Scheme.
The Preserved Right to Buy entitles those eligible Jigsaw Homes North to a discount on the purchase price of their home based on the number of years they have spent as a Council or Housing Association tenant.
The purchase price is determined by an open market valuation less the discount which the tenant is entitled to. The maximum discount is capped at £77,000 and the discount is awarded on a sliding scale set out below, which varies dependent upon the property type.
| Qualifying Period in Years | Discount for Houses | Discount for Flats |
| 5 | 35% | 50% |
| 10 | 40% | 60% |
| 15 | 45% | 70% |
| 20 | 50% | 70% |
| 25 | 55% | 70% |
| 30 | 60% | 70% |
| 35 | 65% | 70% |
| 40 | 70% | 70% |
| Over 40 | 70% | 70% |
When calculating the purchase price and the amount of discount, Jigsaw Homes will take into account the money that has been spent on buying, building, repairing and improving the property in the past 15 years.
If you inquire about the Right to Buy Scheme, Jigsaw Homes will initially check that you meet the qualifying criteria. Provided that is the case, Jigsaw Homes will then invite you to make an application for the Right to Buy.
For more details about the Right to Buy, please visit the government’s website: https://righttobuy.gov.uk/
If you purchase your home under the Preserved Right to Buy Scheme and subsequently re-sell it within 5 years of doing so, then you will be required to pay back all or part of the discount that you received.
There are a number of factors, such as property value and the length of time since the property was purchased, that may influence the amount that you are asked to repay, but the general principles are:
| Time after purchase when property sold | Amount of discount repayable |
| Within 1 year | 100% |
| Within 2 years | 80% |
| Within 3 years | 60% |
| Within 4 years | 40% |
| Within 5 years | 20% |
Furthermore, if you sell within the initial 5-year period and the sale price, disregarding any improvements you have made, is higher than the original open market valuation, you will also be asked to repay a proportion of the discount which will be reflective of the increased value of your home.
After 5 years of ownership, no discount is repayable under the Preserved Right to Buy Scheme.
