Currently there are around 55 lenders on the mortgage market, about 45 provide funds for Right to Buy no deposit council property purchases. Only 5 of the 45 lenders do not require a 10% deposit of the discounted purchase price while also making extra monies available to you on the day the property becomes yours to help you with home improvements.
For most tenants we talk to, finding a 10% deposit and being able to carry out home improvements out of their own savings and then drawing down the money later from the lender, just isn’t an option financially. Therefore, trying to find a lender on the high street, who will say yes if you do not have a deposit and savings, can be a soul destroying experience. We take the anguish out of the whole process and deliver your requirements in a professional and efficient manner all from the comfort of your own home.
tags: right to buy no deposit, right to buy, buy your council, right to buy council house