Looking For Information On Mortgages
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Mortgages for council tenants called Right to Buy scheme was first introduced in the eighties, giving most tenants living in local authority properties, the right to purchase them. The right to buy scheme offers tenants the ability to purchase the homes that they have been living in at a discounted rate from that of market value. The right to buy scheme enables local authority secure tenants with a minimum of two years tenancy to buy their current home at a discount price. It is aimed at long standing public tenants, with the right to buy discount increasing in proportion with the years that rent has been paid. The Right to Buy operates by allowing you to buy the council house you are currently living in at a substantially […]
Original post by mikejohns