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SCHEDULE 5EXCEPTIONS TO THE RIGHT TO BUY

Landlord with insufficient interest in the property

4.  The right to buy does not arise unless the landlord owns the freehold or has an interest sufficient to grant a lease in pursuance of this Part for–

(a)where the dwelling-house is a house, a term exceeding 21 years, or

(b)where the dwelling-house is a flat, a term of not less than 50 years,

commencing, in either case, with the date on which the qualifying person’s notice claiming to exercise the right to buy is served.