Manage your tenancy
Here's everything you need to know when managing your tenancy with us.
How we set our rents
The rent we charge covers the cost of you living in your home, including repairs and major renovations such as new kitchens and bathrooms, interest payments and the cost of providing valuable services anti-social behaviour, encouraging resident involvement and managing the communal areas around our homes.
Your rent is used to pay for repairs and upkeep of our homes, this includes major improvement works such as new kitchens and bathrooms, interest payments and the costs of providing valuable services such as dealing with anti-social behaviour and managing and maintaining the communal areas around our homes.
How we set your rent
The way we set rents depends on when our homes were built and how it was funded. Before our customers move in, we explain what sort of tenancy they have and how we set the rent. We can’t raise the rent by more than our tenancy agreement allows.
Right to buy
If you have the right to buy you can buy your home at a discount price of up to 70% below market value - the longer you have been one of our customers, the bigger the discount you will receive. But the maximum discount you can get is £87,200.
You probably have the legal 'right to buy' if you meet the criteria below:
Eastlands Homes (Clayton, Openshaw and Beswick) - If you transferred your tenancy from Manchester City Council on 8 September 2003
Eastlands Homes (Rusholme, Gorton, Levenshulme, Longsight) - If you transferred your tenancy from Manchester City Council on 31 March 2009
City South - If you transferred your tenancy from Manchester City Council on 2 June 2008
Transfer from City Council
If you became a tenant after the transfer from the City Council, you could have the legal 'right to acquire'
Think before you buy
When you’re looking at the difference between renting and buying, don't just check the weekly payments. Remember your rent includes things like buildings insurance and a repairs service. If you buy your home, you will have to pay for these things yourself.
Right to buy discount
If you decide to sell your home within five years of buying it, or it's repossessed by your mortgage lender during that time, you will have to repay some or all of the discount you received. How much you have to pay back depends on how soon this happens:
Paying back the discount
- If it happens within one year, you have to pay it back 100%
- If it happens within two years, you have to pay back 80%
- If it happens within three years, you have to pay back 60%
- If it happens within four years, you have to pay back 40%
- If it happens within five years, you have to pay back 20%
Should you sell your home within 10 years ,you must offer One Manchester the 'right to first refusal'.
Before you buy
If you’re thinking of buying, beware of 'right to buy' salespeople who may try to get you to sign deals on the doorstep. We recommend getting independent financial advice from a bank or building society. We can also give you free advice or you can read more about right to buy using the link below.
Visit the Direct GOV website and read detailed information about right to buy.
If you’re interested in buying your home through right to buy, please get in touch by calling us on 0330 355 1000 or by completing our contact us form.