Are you a homeowner with a property in the London Borough of Croydon Croydon and considering selling? We are actively buying homes and offering a user friendly, reliable, and community-focused alternative to the open market.
We operate a scheme to purchase properties in Croydon to address the urgent need for more social housing in Croydon.
The scheme now includes properties which were bought under the Right to Buy scheme (RTB) as well as any other suitable properties in the borough.
If you bought your home under the Right to Buy (RTB) scheme
If you bought your property from us after 18 January 2005, and wish to sell it within 10 years of the purchase, you must offer us the right of first refusal.
If we do not have right of first refusal but you still wish to sell your ex-council home, we will consider this if the funds are available.
Find out about selling your leasehold property.
Benefits
Straightforward and transparent process
Avoid the complexities and uncertainties of selling on the open market. Whilst our processes may take a little longer than an open market sale, we will keep you informed of each step of the process.
Guaranteed buyer
We’re ready to buy directly from you.
No hidden costs
We do not charge any fees or commissions.
Eligibility
You need to own a property in the London Borough of Croydon.
Your property needs to:
- have 2 or more bedrooms (exceptions apply for certain one-bedroom bungalows, maisonettes or ground floor properties)
- be a house, flat, maisonette, or bungalow
- be a freehold or leasehold property
How to sell your property
Step 1: Check your eligibility
Please make sure you are eligible before you apply.
Step 2: Application
You need to:
- complete the application form
- email any floor plans or photographs you have for the property to croydonpropertybuyback@croydon.gov.uk
Step 3: Assessment
We will arrange for 2 assessment visits.
• a valuer from a firm of independent valuers, will visit and prepare a valuation report for the council.
• a council surveyor will visit your home to assess what works might be required after we purchase it to meet the council’s legal obligation for letting homes.
Step 4: Agreement
Once we have these reports, a decision will be made regarding the purchase. If we wish to proceed, you will be provided with a written offer for your home.
If your home was purchased from the council less than 10 years ago and you disagree with the offer amount, please refer to the district valuer process.
If your home does not meet our current criteria for purchase, we will inform you of this.
If your home was purchased from the council less than 10 years ago. We will provide you with consent notification which will allow you to pursue a sale on the open market.
Step 5: Conveyancing - finalising the sale
Once you accept our offer, we will ask you to provide us with the contact details of your solicitors, so we can start the conveyancing process.
When the conveyancing process has been completed the councils, solicitor’s will provide the property acquisition team with a ‘Report on Title’ following their searches and the return of the requested documents to them through your solicitors.
The property acquisition team will produce a report regarding the property, confirming the findings of the report on Title. This report will confirm the purchase should proceed, assuming there were no untoward findings highlighted in the Report on Title.
Step 6: Completion
A purchase report known as a Delegated Authority (DA) will be written and presented for final sign off to proceed with the purchase.
This report will form the basis on which the council’s treasury can be instructed to release the funds to your solicitor.
Once the DA is signed our solicitors will be able to speak to your solicitors about your preferred dates to exchange contracts and complete on the purchase.
Contact us
You can contact us at croydonpropertybuyback@croydon.gov.uk. Our team is here to make the process smooth and rewarding for you.