Voluntary Right to Buy

Published , updated

Derwent Living is taking part in the Government’s Voluntary Right to Buy (VRtB) Midlands pilot, which was announced in summer 2018.

** Please note that registration for the Voluntary Right to Buy (VRtB) ballot is now closed. These pages are for information only. **

The VRtB pilot provides an opportunity for a limited number of housing association tenants in the Midlands to buy their homes at a discount.

The eligibility criteria and process for the VRtB Pilot were set by the Government and details are available on the Government's Right to Buy website

The Government is funding a limited number of places through the pilot. To give everyone an equal chance, places on the pilot were allocated by a ballot.

Pilot timescales

The ballot was open for a month, from 16 August 2018 until midnight on 16 September 2018 after which no further registrations will be accepted. The ballot has now closed and places on the pilot will be randomly allocated.

Successful ballot entry

If you applied and have been successful in the ballot, a Unique Reference Number (URN) will be generated and sent to you. You may not receive your URN immediately, but it will be emailed to you within 4 weeks of the ballot closing (16 September), along with further instructions on what to do next. It is important to keep your confirmation email and URN safe as you will need this at a later stage of the process.

Please note that if you have been successful in the ballot, this does not guarantee that you will be able to buy your home in the pilot.

If you have been successful, once you have a URN you need to email the Sales team at: VRTBpilot@derwentliving.com and provide us with the following information:

We will carry out some initial eligibility checks and confirm if you are eligible to apply to buy your home.

Unsuccessful ballot entry

If you are not successful in the ballot, you will receive an email advising you that you have been unsuccessful, and unfortunately will not be able to participate in the pilot.

There are no immediate plans to reopen the ballot. However, any decision by the Government on this would depend on the level of demand. You can sign up for more information on the Government’s website at https://righttobuy.gov.uk/am-i-eligible/housing-association-tenants/, and receive information when it becomes available.