We can Help you buy Your Council House Under the Right to Buy Scheme
Right to Buy is a government scheme that allows eligible tenants in England to purchase their property from the council for a discounted price.
If you have spent at least 3 years (not always continuous) renting from the public sector as opposed to privately and are secure tenants of a council property, you may be eligible for the Right to Buy Scheme. In a Right to Buy sale, the property will be valued at the full market price, with a government discount applied to it.
How The Discount Is Worked Out
The discount percentage depends on varying factors, such as where you are in the country and how long you’ve been a council tenant. A big advantage of Right to Buy is that due to the discount, there will usually be equity in the house already. How much equity again depends on varying factors, such as how much your discount is and the value of the property.
We often find that those who utilise the Right to Buy Scheme are First Time Buyers in Leeds. We love working alongside First Time Buyers and are here throughout every step of the process. This starts with your initial enquiry, all the way through to your completion.
How does it work? Get a quote nowMeet your advisor