Council House Mortgage Experts

Let us find the juiciest quote for you

Council house purchase allows council tenants to buy their own home with the aid of a cash grant or through shared ownership.

First Mortgage can help you arrange this. With access to every lender and mortgage provider in the UK, we have a whole of market choice, saving you time, money and hassle when trying to arrange council house purchase. Call us now on 0845 603 1525 to talk to one of our experienced, friendly team about your current situation and what we can do to help.

Find a council house purchase mortgage with First Mortgage Direct

What is council house purchase?

The government introduced the Right to Buy in 1980. The scheme allows people who have lived in their council property for over two years to buy it at a reduced price. Council house purchase has since become a very popular option for over a million people, enabling low-income families and single people to own property.

What council property options do you have?

While the Right to Buy is the largest scheme of its kind, there are other options and different benefits depending on where you live. Another initiative is the House Purchase Grant. This is a scheme to help council tenants purchase houses in the private sector through a grant. If you live in Scotland, the LIFT scheme offers a similar arrangement to the Right to Buy, but works on a principle of shared ownership. You can buy back the lender’s share of the property when you can afford it.

Find council house purchase deals with First Mortgage

Call us on 0845 603 1525 for a free consultation with one of our friendly and experienced team. We are happy to discuss your situation and help you choose the best purchase option for you.

The overall cost for comparison is 6.6% APR. The actual rate will depend on your circumstances. Ask for a personalised illustration.