Right to Buy is a government initiative introduced many years ago to enable council tenants to buy their homes at a discounted price that is below market value. Not all landlords participate in the scheme, and it is not available to all tenants - certain eligibility criteria apply. If you want to buy your council property you should approach your landlord who, if they agree, will carry out a valuation of the property so a purchase price can be offered to you.
Right to Buy mortgages are available, but some lenders may not accept properties in high rise blocks, or may impose special terms.
Mortgage Dimensions makes finding the right Right to Buy mortgage easy for you...If you are looking for the right mortgage to get you onto the property ladder for the first time, we can give you straightforward information about your mortgage options and jargon-free advice. It makes sense to take advantage of our expertise and inside knowledge of the mortgage market - and save yourself the time and worry. Not only can we recommend the Right to Buy mortgage most appropriate to your needs, but we'll look after your application throughout the whole process, from beginning to end, ensuring that everything goes smoothly, with the minimum of fuss and no delay....and there's no fee for out service!
Enquire online or call to talk to us on
0845 021 0212
The overall cost for comparison is 6.3% APR. The actual rate will depend on your circumstances. Please ask for a personalised illustration.
