Right to Buy Mortgages

Let us find the juiciest quote for you

Right to Buy gives you the opportunity to purchase you own council home.

If you have lived in the property for some time (a minimum of two years), you may be able to buy it from the council at a reduced price. First Mortgage can help you understand the Right to Buy process and help arrange a Right to Buy mortgage in your area. Call us on 0845 603 1525 to discuss your current situation with a member of our friendly, expert team.

Find Right to Buy mortgages with First Mortgage

What is a Right to Buy mortgage?

Right to Buy mortgages were introduced in 1980 as a scheme to help council tenants purchase their own property. The Right to Buy works by allowing you to buy the council house you are currently living in at a discount price. The longer you have lived in the property, the bigger the discount - and you will retain the title deeds from the council upon purchase. Some lenders will offer Right to Buy mortgage deals with good rates of interest.

Are you eligible for a right to buy mortgage?

You may be eligible for a Right to Buy mortgage if you:

 Currently live in a council house
 Have lived in your council property for at least two years
 Can afford to purchase the house under the Right to Buy conditions
 Your house isn’t part of an elderly, disabled or employment-related scheme

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 Right to Buy mortgage option.

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

Find Right to Buy mortgages with First Mortgage