If you sell your home in the first 5 years, you may have to pay back some or all of the discount:
📅 Year 1 → Pay back ALL the discount
📅 Year 2 → Pay back 80%
📅 Year 3 → Pay back 60%
📅 Year 4 → Pay back 40%
📅 Year 5 → Pay back 20%
✅ After 5 years → No payback
💡 The amount is based on the value of your home when you sell it, not when you bought it.
📌 Example:
🏠 You got 40% discount when you bought your home.
📅 Sell in year 2 → Pay back 4/5 of 40% of the new price.
✅ Some family transfers do not need payback.
✅ If paying back would cause hardship, the council may reduce or cancel it.
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