More than , the Conservatives have promised in their manifesto for the General Election.
But who will this policy actually benefit, and how does Right to Buy work?
First introduced in the 1980s, the scheme has allowed council house tenants to buy their properties at a discount. The Conservatives want to extend the scheme to 1.3million housing association tenants as well.
You can get a discount starting at 35% for houses and 50% for flats. In cash, this discount can be up to £77,900 across England, and £103,900 in London.
Right to Buy discounts
£77,900
in England
£103,900
in London
Council tenants with at least five years' tenancy can currently take advantage of the scheme. . The Conservatives want to open it up to housing association tenants as well.
The Scottish government has scrapped Right to Buy from 2016. This means if you want to take advantage of it you will need to buy before 31 July 2016. .
You can also find out information about Right to Buy in and .
You need to and send it to your landlord. If your landlord agrees to sell, you will probably need to find a mortgage to cover the cost of buying the property. In most cases, the mortgage lender will treat your discount as a deposit. .
With , you buy a share of your council or housing association home and pay rent on the rest of it. You can get a discount of up to £16,000 on the value of your home - but you must buy at least 25% of it.
To apply, ask your landlord for an application form.