Right To Buy
The purchase of a council house is known as ‘Right to Buy’ and often referred to as R2B. As a council tenant you may never have had experience in arranging a mortgage and it is therefore important that you receive impartial expert advice to make the process as easy for you as possible.
We are Experts
Veritas Mortgages can provide you with expert advice and assistance when applying to purchase your council house.
The Discounted Value
The mortgage required to buy your council house will depend on the discounted value of the property provided by the council, which in turn depends on the length of time you have been a council tenant .
The amount you can borrow
The amount you can borrow to purchase the property will depend on your income. Our mortgage calculator will help you work out the approximate monthly repayments on a loan; you may well find that your monthly mortgage repayments are little different from the rent that you are currently paying!
The process of applying to buy your council house can seem daunting. However we are here to help. Please contact us for further information and assistance.
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