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Financial
Services > Mortgages
> Shared Property
> Right to buy
"Right
to Buy"
is a Government initiative that has been available for some time.
Under this scheme council tenants are able to purchase their properties
at a discounted price. The scheme does not apply to all tenants
as it is up to the landlord to decide whether to take part in
the scheme or not. As always, there are certain criteria that
you will need to meet to be able to benefit from this scheme.
To take advantage of this scheme, you will have to approach your
landlord who will arrange for you property to be valued, before
confirming the asking price. This price is then usually valid
for six months. Generally speaking, mortgage finance is available
on all types of property, however, flats over five storeys will
not usually be accepted on standard terms.
If you would like to enquire about your right to buy mortgage,
please fill in our quick enquiry form, also to see companies that
specialise in right to buy mortgages click on our todays top ten
links.
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