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COUNCIL RIGHT TO BUY: Your Right to Buy your home

Council Right to Buy: The Right to Buy discount rules

(The Right to Buy discount rules continued)

The Right to Buy scheme gives tenants a discount on the market value of their homes. The longer you have been a tenant, the more discount you get, up to a maximum limit that varies depending on where you live.

The maximum discounts available under the Right to Buy scheme are:

£38,000 in the South East, unless your home is in the local authority areas of:

• Chiltern
• Epsom & Ewell
• Hart
• Oxford
• Reading
• Reigate & Banstead
• Tonbridge & Malling
• Vale of the White Horse
• West Berkshire

In these local authority areas, the maximum discount is £16,000;

• £34,000 in the Eastern Region (unless your home is in Watford

where the maximum discount is £16,000);

• £30,000 in the South West;
• £26,000 in the North West, and the West Midlands;
• £24,000 in the East Midlands, and Yorkshire and the Humber;
• £22,000 in the North East;
• £16,000 in Wales;
• £16,000 in London (unless your home is in Barking and Dagenham or Havering, where the maximum discount is £38,000).

If you are unsure which limit applies to you, ask your landlord.

Click here for council right to buy full list of pages ------ Next page   Right to buy council home

© Crown Copyright (Correct at time of writing January 2005. Please check with your financial services provider for any changes.)

Council Right to Buy Mortgage Search

Are you looking for a competitive council right to buy mortgage?

Council Right to Buy UK will put you in touch with a broker who's aim is to help you find a range of mortgages and competitive interest rates which will help you decide on the most appropriate mortgage available.

Bad credit? If you have CCJs, defaults, mortgage or rent arrears - we have access to specialist brokers to help you! Enquire about a council right to buy mortgage now. Please complete the quick, private NO OBLIGATION form below.

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PLEASE TRY TO FILL IN AS MANY FIELDS AS POSSIBLE THANK YOU.

Mortgage term required (years):

Have you approached a solicitor to act on your behalf for your council right to buy purchase?:

No Yes

Is your property standard construction?:
(brick built with a slate or tiled roof)

Yes No Not sure

Type of property?:

Joint or single enquiry:

Joint Single Not sure

1st right to buy enquirer's date of birth:

2nd right to buy enquirer's date of birth:

First enquirer's annual income:

Second enquirer's annual income:

Mortgage amount if known:(*)

Have you received a council valuation yet?

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Council valuation of property:

What is the discounted right to buy price: (if you know)

Total of other loans or credit card balances:

Do you have any credit issues?:

Any comments or factors you think may be useful:

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Please note it is not always possible to process enquiries based solely on the information contained in this form. Each case is unique and it may be necessary to speak to you to be able to assess your own particular circumstances to help find the most appropriate course of action. Please supply at least one phone number.

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Terms and Privacy

© Council Right to Buy UK is an independent marketing website and not a lender or broker. We do not sell or recommend mortgages or broker services. We pass on enquiries to financial service providers and cannot offer advice. Council Right to Buy UK is not responsible or liable for any financial service or mortgage obtained through a 3rd party. A council right to buy mortgage enquiry from this website does not constitute an offer to provide a mortgage. Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.
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