Right to Buy


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The original Right to buy scheme was introduced in 1980 and gave many tenants living in local authority properties the right to buy them at a discounted price. The level of discount depends on the area you live in and the length of your tenancy and is subject to a maximum amount.

You should have the right to buy if you have been a public sector tenant for at least two years (if your tenancy began on the 18th January 2005 or after the period is five years)

Mortgagesaving has access to many lenders that are willing to offer mortgages to people with the right to buy. Often a deposit is not required.

You may be able to borrow more than the Right to Buy purchase price of the property to pay for home improvements or debt consolidation.

Contact us today,

Phone 01246 292351

E-Mail  enquiries@mortgagesaving.org

We will not charge a fee for mortgage advice please quote reference mort1.

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage. .