UK Mortgage Company  - Council House Purchase mortgage
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Step 1 Complete our brief application form
Step 2 Submit the application form
Step 3 Sit back and relax - We will contact you
 
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Council House Purchase
 

If you are an existing Council Tenant and have acquired a 'Right to Buy' your home at a discount, we can help you with a mortgage to make your property your own.

You may also want to take the opportunity to raise extra cash which you could use to:

- Pay off existing loans and HP
- Pay off expensive credit and store cards
- Raise extra cash for home improvements.

We have been helping people buy their council houses under the Right To Buy scheme for years.
Our experienced Right To Buy Consultants will take care of everything for you, including negotiating with the council valuations departments, by organising the right to buy mortgage for you and take care of solicitors and the legals.

Simply complete our online application form and we'll get to work on your behalf straight away.

Once the council"s district valuer has been in contact with you to come and value your property they will then give you purchase price at which you can buy your property.

At this pioint it's worth noting that this price will often be significantly lower than an open market valuation. A Right To Buy Mortgage from The UK Mortgage Company will allow you to raise money based on the Open Market Value of your property.

EG : If the Council value your property at £100,000 but allow you to purchase the property at £55,000 (Purchase Price) UK Mortgage Company have Right To Buy Mortgages that will may allow you to borrow up to 85% of the Open Market Value (£85,000) leaving you with extra money for home improvements, debt consolidation or any other purpose.

Please note that all rates and mortgage products depend on personal circumstances

In summary if you want to buy your council house under through the Right To Buy scheme.

Our Right To Buy Mortgages Accept;

Applicants with Bad Credit history or with an adverse credit rating.
Additional funds to use as you wish including debt consolidation, home improvements, a holiday or even a new car.
If you're self employed or can't prove your income we have mortgages to suit.
Applicants on Housing benefits accepted on some schemes.
We have mortgages for applicants with Defaults, CCJ"s and Rent Arrears.
Unusual construction including concrete properties considered.

Our experienced team has helped thousands of people realize their dreams or improve their finances.

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THE OVERALL COST FOR COMPARISON IS 8.9% APR
The rate is variable and based on a usual case, including fees of £2,200.
The actual rate available will depend upon your circumstances. Ask for a personalised illustration
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.
YOUR HOME MAY BE REPOSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
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