Council right to buy
Council right to buy specialists
If you are a council tenant and have lived in your coucil house for 2 years or more, you may have the right to buy it! As a council tenant you are entitled to a 32% discount on the value of your house, followed by a further 1% deduction for each additional year, up to a maximum of 60%. For flats the available discount rises to 70%.
Do you have the right to buy your council house? Many occupiers of council houses still haven't purchased their council house even though they have the right to buy. It is a perfect way to get on the first step on the property ladder. Some occupiers are intimidated by what they incorrectly perceive as a lengthy process, and they do not appreciate how small their monthly mortgage repayments will be.Some experts believe that the government will abolish or radically change the present system of discounting properties for council tenants who currently have the right to buy own home.
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With property prices at an all time high and whilst council discounts and the right to buy schemes are still available, now could be the perfect time for you to consider making that big decision and becoming a Home Owner.
Do you qualify for the council right to buy?
To have the right to buy you must be the legal tenant of the council property that you wish to purchase.You must have been a tenant of your present or another council house for at least two years.
What discount could I expect if I use my right to buy?
The amount of discount depends on how long you have been a tenant of this Council or another "right to buy" landlord, and the type of dwelling you are living in. There are different discount structures applicable for houses and flats that you have the right to buy.
CALL NOW 0800 071 9888
The right to buy houses discount after two years is 32% with an additional 1% for every extra year up to a maximum of 60%. The right to buy flats discount after two years is 44% with an additional 2% for every extra year up to a maximum of 70%.
It is the perfect way to get the first step on the property ladder. Some occupiers are unaware of how low their monthly mortgage repayments will be should they take advantage of their right to buy their council property. Experts have speculated that the government may abolish or radically change the present system of discounting properties for council tenants who currently have the right to buy their own home.
With property prices at an all time high and whilst council discounts are still available, now could be the perfect time for you to consider making that big decision and using your right to buy to become a Home Owner.
CALL NOW 0800 071 9888
Do you qualify for the council right to buy?
It is essential that you are the legal tenant of the council property that you are wishing to purchase. You must have been a tenant of your present or another council house for at least two years.
What discount could I expect?
The period of time that you have been a tenant of this council or other “right to buy” landlord will be relevant to the total discount that you would be eligible for.
The right to buy discount is calculated with the type of property that you are aiming to purchase in mind.
Houses: After two years the discount is 32% and there is and additional 1% for every extra year up to a maximum of 60%.
Flats: The discount after two years is 44% with an additional 2% for every extra year up to a maximum of 70%.
CALL NOW 0800 071 9888
There are many right to buy mortgage schemes which are available that allow capital raising for home improvements. Monthly rental costs are often higher that monthly mortgage payments, so what are you waiting for? Take your first step onto the property ladder today!
Get yourself on the first step of the property ladder by taking advantage of your right to buy your council house! Many occupiers of council houses still haven't purchased their council house even though it is a perfect way to get on the first step on the property ladder. Some occupiers do not take advantage of their right to buy due to what they wrongly perceive as a lengthy process, and they do not investigate into how much small their monthly mortgage repayments will be.
It has been commented on that the government could abolish or radically change the present system of offering tenants the right to buy their own home. Property prices are at an all time high making now the perfect time to buy take advantage of the discount that you are eligible to receive.
Do you qualify for the right to buy?
The legal occupier must be yourself of the council property you wish to purchase. You are required to have been a tenant of your present or another council house for at least two years.
What discount could I expect?
The amount of discount that you are eligible for will depend on how long you have been a tenant with your local Council or other "right to buy" landlord, and the type of dwelling you are living in is also relevant. Different discount structures are applicable for houses and flats.
Houses:
After two years the discount is at 32% with an additional 1% for every extra year up to a maximum of 60%.
Flats:
The discount After two years the discount is at 44% with an additional 2% for every extra year up to a maximum of 70%.
Various mortgage schemes are available which allow capital raising for home improvements.
Monthly mortgage payments are often lower than rental costs so don't delay take action and get your first step on the property ladder
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