Purchasing a property can be complex and time-consuming. However, evaluating property finance options at the earliest possible stage can simplify the process significantly.
Every council is legally obliged to process Right to Buy applications within a specific time frame. If they fail to do so, the tenant may be eligible for an even bigger discount on the price of the property.
If you are interested in purchasing a property through the Right to Buy scheme, the process takes place over six stages as outlined below:
The discount amount you may be eligible for your property will be determined by multiple factors, including but not limited to the following:
For more information on the various factors than can affect the discount amount on your home, contact a member of the team at UK Property Finance anytime.