Right to Buy

If you are a "secure Tenant" of a local authority or a housing association in England or Wales you may have the right to buy if you have been a tenant for the qualifying period.

If your tenancy started before 18 January 2005 you need to have been a tenant for only two years to qualify but if you became a tenant after this date then you will only qualify after five years.

The best place to start is to talk to your landlord first to see if you qualify and how much discount you are entitled to. Then contact us to discuss the mortgage process and what mortgages are available.

The discount structure is complicated so the best way to check is to visit the website of the Office of the Deputy Prime Minister at www.odpm.gov.uk

The website will also give you sound advice about what to check before you make a decision.

The overall cost for comparison is 7.5% APR. The actual rate available will depend upon your circumstances. Ask for a personalised illustration.

Please contact us on 0800 043 042 7