Right to Buy (RTB) is a UK government scheme that gives tenants of local authority and housing association owned dwellings the right to purchase the property at a discounted price. The purpose of the scheme is to allow tenants to take advantage of the security of owning their own home and to aid with the government’s aspiration to increase home ownership. The RTB scheme applies to most tenants living in England and Wales who have been tenants of their local authority or housing association for at least three years. The discounted price of the property is calculated based on the length of time the tenant has been a tenant of their local authority or housing association. The RTB scheme is subject to certain rules and regulations, including a minimum occupancy period, a maximum discount limit, and the tenant’s ability to meet the mortgage and other financial requirements of the purchase.