Paragraph 6 Notes

In general, under rent to mortgage, if you are the tenant of a house and you have the 2 year period needed to qualify to buy, you will be entitled to a discount of 17%. You may also be entitled to an extra 1% discount for each complete year over the 2 years. So if, for instance, you have been a public sector tenant for 10 years, your discount could be 25%. The maximum discount for houses under this scheme is 45% after 30 years tenancy.