If you reside in Leeds and currently occupy a property owned by the local authority (either the council or housing association), you may have the opportunity to become a homeowner through the Right to Buy scheme in Leeds.
The Right to Buy Scheme, if you meet the eligibility criteria, empowers you to purchase the property at a discounted price. Instead of paying rent for a property that isn’t yours, with potential variations in the monthly mortgage payment, you can truly call it your home.
If you’re new to the Right to Buy in Leeds or find any information here confusing, feel free to reach out for expert Right to Buy mortgage advice in Leeds. Our dedicated mortgage advisors are available throughout the day to address any queries you may have.
Drawing upon our extensive experience in the industry, we possess in-depth knowledge of Right to Buy mortgages and can guide you through the entire process seamlessly.
If the Right to Buy Scheme in Leeds is unfamiliar to you, and this is your first encounter with it, it’s advisable to contact your local authority to verify your eligibility for purchasing your rented home.
Upon confirmation of eligibility, you can expect to receive a Right to Buy offer from them, detailing property prices when the scheme is active and ready.
Given that the offer typically has an expiry date, it’s important to speak with a fast and friendly mortgage advisor in Leeds well before this period concludes.
Upon reaching out to us, we will schedule a free initial mortgage consultation, where we gather your details to comprehend your unique situation. You’ll engage with an experienced and dedicated mortgage advisor in Leeds, who will provide expert guidance throughout the entire process.
To be eligible for the Right to Buy discount, a three-year residence in your rental property is required, whether this period is continuous or not.
However, the Right to Buy discount is not accessible if any of the following conditions apply:
Additionally, specific living circumstances, such as selected housing for the elderly or having a career in a particular sector, may not qualify for the Right to Buy discount.
Date Last Edited: February 2, 2024