Home Loans
Become Proud Homeowner by Taking a Council Right to Buy Mortgage
(presented by www.refinance-refinance.net - mortgage lenders)
By John Carry
Having your own shelter gives you a feeling that you are emperor in your own castle. It really gives you an immense satisfaction. People slog their entire life for having their own abode. It is hard being a tenant for long.
If you are living as a council tenant for at least two years you have the
Council Right to Buy Mortgage means you are entitled to buy your council home at a discount to the full market value. Obviously, your discount will depend on the number of years you have lived as a tenant.
Right to buy means you can buy your home from local authority, a no charitable housing association or a housing trust. Usually it will cost less than the open market because as a tenant you can obtain a fabulous discount.
The advantages of council right to buy mortgages:
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