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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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| 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.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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