The Right to Buy scheme was set up in order to help public-sector tenants purchase their homes, in order to get themselves onto the property ladder.
What is a Right to Buy mortgage?
It allows people who have been tenants in a council property in England and Wales for at least three years to purchase the home they rent, at a discount.
Am I eligible for Right to Buy?
Your eligibility to take part in the Right to Buy scheme is based on numerous criteria that must be met
Housing association properties
The vast majority of people living in housing association properties do not qualify for the Right to Buy scheme.
Right to Buy mortgage discounts
If you are a public-sector tenant that has made an application and discovered that you are eligible for the government’s Right to Buy scheme, it is possible that you will be entitled to a discount on the value of the property that you’re looking to buy.