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However, the price paid for your home will reflect a discount on the market value. The discount reflects how long you have held a public sector tenancy but is subject to a maximum discount of £75,000.

Subject to the maximum discount of £75,000, the discount will reflect the following:

For tenancies in existence before 18th January 2005 the discount would be:

Example of discounts for a house valued at £80,000 and flat valued at £45,000

House

Valuation	Discount	Offer	Tenancy years	% Discount
£80,000	£28,000	£52,000	5	35
£80,000	£32,000	£48,000	10	40
£80,000	£36,000	£44,000	15	45
£80,000	£40,000	£40,000	20	50
£80,000	£44,000	£36,000	25	55
£80,000	£48,000	£32,000	30	60

Flat

Valuation	Discount	Offer	Tenancy years	% Discount
£45,000	£22,500	£22,500	5	50
£45,000	£25,200	£19,800	8	56
£45,000	£28,800	£16,200	12	64
£45,000	£31,500	£13,500	15	70

House Tenancy	% Discount	Flat Tenancy	% Discount
5 years	35	5 years	50
6 years	36	6 years	52
7 years	37	7 years	54
8 years	38	8 years	56
9 years	39	9 years	58
10 years	40	10 years	60
11 years	41	11 years	62
12 years	42	12 years	64
13 years	43	13 years	66
14 years	44	14 years	68
15 years	45	15 years	70
16 years	46
17 years	47
18 years	48
19 years	49
20 years	50
21 years	51
22 years	52
23 years	53
24 years	54
25 years	55
26 years	56
27 years	57
28 years	58
29 years	59
30 years	60

House - After the minimum qualifying period of 2 years you would be entitled to a 32% discount. You are eligible for 1% more discount for each additional year you have been a tenant, up to a maximum of 60%

Flat or maisonette - After the minimum qualifying period you would be entitled to a 44% discount. You are eligible for 2% more discount for each additional year you have been a tenant, up to a maximum of 70%

For tenancies which commenced on or after 18th January 2005 the discount would be:

House - After the minimum qualifying period of 5 years you would be entitled to a 35% discount. You are eligible for 1% more discount for each additional year you have been a tenant, up to a maximum of 60%

Flat or maisonette - After the minimum qualifying period you would be entitled to a 50% discount. You are eligible for 2% more discount for each additional year you have been a tenant, up to a maximum of 70%

If you have previously bought a property under the Right to Buy, this will affect the amount of discount you will receive if you apply again on another property.