Browse our Categories

Buy a Council House

The Right To Buy mortgages were introduced in the 1980's giving most tenants living in local authority properties the right to buy them.

The right to buy scheme offers tenants the ability to buy the homes that they have been living in at a rate discounted from that of the market value. Dependent on the number of years, and the council area you live in, discounts between 32% and 70% are available. This makes this scheme attractive to many people.

You will need to contact the council/housing association to confirm that you are eligible to apply to buy your home from them. This will usually be granted if you have been a local authority tenant for a minimum of 2 years before January 18th 2005, or a minimum of 5 years after January 18th 2005.

The remaining value of the property will require a mortgage to purchase the property and this is where we can help you with special right to buy mortgages.

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

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

THE OVERALL COST FOR COMPARISON IS 8% APR TYPICAL. THE ACTUAL RATE AVAILABLE WILL DEPEND UPON YOUR CIRCUMSTANCES. ASK FOR A PERSONALISED ILLUSTRATION.

THE FINANCIAL SERVICES AUTHORITY DOES NOT REGULATE SOME FORMS OF MORTGAGES

THERE MAY BE A FEE FOR MORTGAGES ADVICE. THE PRECISE AMOUNT WILL DEPEND UPON YOUR CIRCUMSTANCES BUT WE ESTIMATE THAT IT WILL BE 3%.

For a free, no obligation quote please select one of the following:

- Apply Online
- Request a Call Back
- Email Us
- Call Us