Right To Buy Mortgages
The government’s Right To Buy scheme, which was first introduced in 1980, means that tenants can choose to buy their home at a discounted price, based on the number of years they have lived in the property. Having been re-launched in the UK in 2012, the number of Right To Buy mortgages is increasing – with over 1.5 million people now having purchased their home under this scheme in the UK.
It’s a great opportunity for those who would otherwise struggle to get their foot on the property ladder, yet with so much choice and varying rates, it can be difficult to know if you are getting the best deal. And that’s where we come in.
First things first: Are you eligible?
- Are you a tenant in a council property?
- Did your tenancy begin before January 18, 2005? Have you lived there for at least two years?
- Did your tenancy begin after this? Have you lived there for at least five years?
Then yes, you have the right to buy your property!
Even if you are not fully employed, or have a less-than-perfect credit score, we can still help you!
There are hundreds of deals out there. Get free mortgage advice from one of the reputable mortgage brokers at Lerwick Financial Group Ltd (LFG LTD) today to ensure you’re getting the best one! Give us a call on 0345 273 3322 or drop us an email to see how we can best help you.