Right-to-Buy (RTB) is a scheme under which longstanding local authority tenants are entitled to purchase their homes at a heavily discounted price.
Although RTB was in its heyday perhaps 30 years ago, we do still get enquiries in this area.
There are major implications when a tenant buys their property from the council and these should always be considered carefully. We will always discuss these with our clients. We will also ensure that such a purchase is financially viable and that any future mortgage payments will be affordable.
Not all lenders will lend on RTB properties and we will advise you of the best institution to approach, once we have found out more about your financial circumstances and the details of the property
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