The discount you receive will depend on the type of property you live in and how long you have been a tenant:
Houses: You will get between 35% and 70% off the market value of your home.
Flats: You will get between 50% and 70% off the market value of your home.
There are maximum discounts which are increased every year in line with inflation. They currently stand at £108,000 if you live in London and £80,900 if you live anywhere else in England.
Try our discount calculator