Right to Buy Mortgages

You have the right to buy if you have been a public sector tenant for at least two years (if your tenancy began on or after January 18th 2005 the required length of tenancy is five years).The maximum level of discount you are entitled to depends on the local area you live in and ranges from £16,000 to £38,000 off the market value of the property you live in.

Do I Qualify?
In order to buy your council house at a discounted rate you must first apply for the right to buy your home from your local authority.

Have you already received your Right to Buy Papers? (Section 125)

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
A broker fee may be charged. The precise amount will depend on your circumstances but it will usually be £1950 (0 to 3%) and is paid only on completion. Please ask for a personalised illustration. The overall cost for comparison is 8.2% APR.