Right To Buy

This type of mortgage applies to local authority tenants.

A tenant in a council owned property might be able to purchase the property at a discount, depending on length of time they have lived in their property.

If a local authority offers such a discount it is often a good way for a tenant to get on the property ladder. For older tenants it can be an opportunity to create value for offspring.

Some lenders have specially designed mortgages to meet the needs of these borrowers. Call us if you have the “right to buy”.

The overall costs for comparison purposes is 4.9% APR. Actual rate available will depend upon your circumstances. Please ask for a personalised illustration. Rate correct as of 17 June 2010.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

We do not normally charge a fee for mortgage advice, however this will be dependent on your circumstances. If a fee is charged our typical fee is £250.