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Payments unavailable on Tuesday 8 April, 9.30am-4.30pm

You will not be able to make any online payments on Tuesday 8 April, 9.30am-4.30pm while we carry out essential maintenance.

This will affect all online payments, including parking permits, parking tickets (PCNs), council tax and rent payments. You will also not be able to make payments using our automated payment line 020 7527 8000 or by calling 020 7527 2000.

If you need to make a payment, please try again after 4.30pm on Tuesday. We are sorry for any inconvenience while we carry out this essential work.

 

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Repaying right to buy discount

If you sell your home within the first five years of owning it, you will have to pay money back to the council. The amount you have to pay back will depend on the sale price of the property.

The percentage will depend on the amount of discount you received when you bought your home and how soon you sell it.

After five years, you can sell your home without having to pay back any money.

For example:

If your home was valued at £250,000 when you bought it under the Right to Buy, and you received a discount of £100,000, this means your discount was 40% of the market value

  • If the market value of your home at the time you sell it is £300,000, then 40% of this is £120,000
  • If you sell your home in the discount repayment period (the first five years of owning it), you will have to pay the council back 20% of £120,000 for each year or part year left in the discount repayment period.
Year  Discount you must repay Amount you must repay (in this example)
 1  100%  £120,000
 2  80%  £96,000
 3  60%  £72,000
 4  40%  £48,000
 5  20%  £24,000