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July 23, 2008 | badcredit | Comments 0

Rightobuy and Council Right to Buy Mortgages

Rightobuy and council right to buy mortgage schemes are ideal for anone who has have lived in their council house for some time.

If you have then you could apply to buy the property from the council at a good discount.

The first thing you need to do is contact the local authority you currently rent from, to get the exact details of the right to buy discount you may be entitled to. Your local authority will do a survey on th your house and quote their discounted offer.

To qualify for the right to buy scheme you need to have been secure tenants at your local authority with a minimum of two years tenancy to buy your current home at the discounted price.

Really the local authority’s intention is to target primarily the long standing public tenants, with the right to buy discount increasing in proportion to the years that rent has been paid.

If you are eligible you can buy your home by paying the full discounted purchase price at once with a maximum discount ranging from £16,000 and up to £38,000 for flats and houses, depending on your local authority.

We can help you get a right to buy mortgage even if you’re self employed with no proof of income and if you’ve got bad credit history like missed credit card payments or late paying utility bills like council tax and water bills etc.

Some times we can even arrange for cash to be released from the property for things such as debt consolidation, home improvements etc.

It costs nothing to call The Bad Credit Mortgage Centre, so you’ve got nothing to lose by calling us right now!…

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