Financial Directory
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The sites below provide insightful information into the Right to Buy mortgage policies, how such mortgage works, and how to apply for it. The Right to Buy allows the tenants of council housing to purchase the rental property after a certain number of years of residence. The Right to Buy mortgage takes into account the market value of the property and subtracts a certain amount based on the amount and the duration of the rent paid by the buyer. Over the past decade the available discounts for Right to Buy mortgages were reduced, and the period of time one has to spend as a tenant to qualify has been set to five years. Financial websites featured below offer accurate and recent information on Right to buy mortgages, address the procedures of taking out such mortgage, and explain where and how to apply for the right to buy mortgage.
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