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The original
Right to Buy scheme was first introduced in 1980 giving many
tenants living in local authority properties the right to
buy them at a discounted price.
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
18 2005 the required length of tenancy is five years).
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What Kind of Discount Do You Qualify For?
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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.The discount
to which you are personally entitled is roughly proportional
to the number of years you have been paying rentin public sector
housing. This means that the longer you have been renting from
the council, the higher your discountentitlement will be. |
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How Can Mortgages 4 U Ltd Help? |
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| MORTGAGES
4 U LTD has the experience to find you the best mortgage to
help you buy your council house as cheaply as possible.
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Often
no deposit is required because of the discount given by the
local authority and you may be able to borrow MORE than the
Right to Buy purchase price of the property for home improvements,
debtconsolidation, and more.
We can
help if you already have your Right to Buy papers from the
council or if you don’t know how to get them and need
help.
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Do I Qualify? |
| MORTGAGES
4 U LTD can help people with a wide range of personal circumstances
but our main focus is on helping people with credit problems
and trouble proving their income, as for these clients they
often feel left out by lenders.
For more
specific details on the kinds of circumstances and credit
problems we cater for at MORTGAGES 4 U LTD, please visit our
Do I Qualify? section or enquire now.
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