Right to Buy Mortgages
If you rent and live in a council property and you are keen to own your home instead of renting it, the right to buy scheme from the government/local authority could transform you from a tenant to a homeowner in months. That’s right you could be realizing your dream of home ownership sooner than you thought. Financial security is often cited as one reason people want to purchase a property instead of renting it from the public sector. But could you benefit from purchasing a house? And could you afford and keep up with the repayments on your new right to buy mortgage in the longer term? Am I eligible to purchase my home using the right to buy scheme? You may be able to buy your council house or flat using the Right to Buy scheme if: • Your public sector property is your primary or only residence • Your property is self-contained, meaning it does not contain facilities that are shared with people outside of the same household What kind of discounts could I get? Part of the ...