Bad Credit Mortgages we offer:

What you need to know about Right To Buy Mortgages

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Bad Credit Mortgages we offer:

What you need to know about Right To Buy Mortgages

Arranging a mortgage can seem rather daunting. It is important to take your time, get the right advice and feel confident that you are doing the right thing. You should always ask many questions and here we outline the common questions we get asked with some quick straight forward answers.


Do I qualify for the Right to Buy?

You can visit the governments Right to Buy website and complete a simple Quiz to see whether you are eligible for the scheme. There is also lots information about the scheme which you may find helpful on these websites.


How do I apply for the Right to Buy?

You can complete the form (RTB1) online by visiting the Right to Buy website.


How long does the application take?

Once you submit your application, your landlord has up to 4 weeks to respond confirming whether you can buy your home (up to 8 weeks if you have had your current landlord less than 3 years). After that - If you are buying a house the landlord should send you the Offer Notice – called a Section 125 within 8 weeks or if the property is leasehold, i.e. flat, the landlord has up to 12 weeks. This offer notice sets out the property valuation, discount entitlement, price you can buy it for, any structural problems and terms & conditions.

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What you need to know about Right To Buy Mortgages

Product Name: Mortgages

Product Description: What you need to know about Right To Buy Mortgages

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Joe

Gary has been brilliant throughout the whole process. Very knowledgeable, helpful and efficient. The service provided as a whole, has been excellent, 10/10.