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What is a Right to Buy mortgage?
Have you lived in your council home for two years or more? If so, you may be eligible for the Right to Buy scheme. Introduced in 1980, this government initiative is designed to help low earners and council tenants get a foot on the property ladder by purchasing their own home. The property is offered at a discount rate – the longer you have lived there, the bigger the discount. Some lenders will offer Right to Buy mortgage deals with good rates of interest.
Arranging a Right to Buy mortgage quote…
You can arrange an immediate, no-obligation Right to Buy quote by calling us now on 0845 603 1525 or filling in your details online. You can also find out what your monthly repayments could be using our calculator tool. Before you arrange a deal you should also check the following points to see if you are eligible:
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 conditions of the scheme
Your house isn’t part of an elderly, disabled or employment-related scheme
Call 0845 603 1525 for a free Right to Buy quote. We are happy to discuss your situation and help you choose the best option for your circumstances.
Get quotes prepared fast and easy from our award winning brokers starting, with our smart online form. Quote request
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