Right to buy mortgage

Council right to buy mortgages. Under the 1981 Housing Act council tenants have the right to buy the property they live in from the local authority.

Qualification for Right to buy (RTB) is as follows;

You must be the legal tenant of the property you want to buy.  You must have been a tenant for at least two years.

Westpoint Mortgage Management brokers will guide you through the council house purchase process.

Initially we will advise you on your RTB qualification status.

Once you know that you qualify we will explain how to go about making an application to the local authority. We have a lot of experience dealing with right to buy landlords , and can explain the paperwork and help you complete the forms.

One you have decided to go ahead and purchase your council house, we will advise you on the most appropriate mortgage for your needs helping you complete the forms. We will submit these to the lender and do all the chasing and liaising with the solicitors, council and mortgage lender.

When all the paperwork has been completed and the solicitor is ready to complete we will advise you. Once completion has taken place you will own your own home!

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

Download our e-book guide “Things to know about right-to-buy” this free e-guide is an invaluable tool for council tenants wishing to purchase their home.

The overall cost for comparison is

7.9% APR

The actual rate available will depend upon your circumstances.

Ask for a personalised illustration