Right to Buy Mortgage Advice in Harrogate

What Is The Right to Buy Scheme?

The right to buy scheme can allow tenants who live in England to purchase their property from the council for a discounted price.

If you have spent at least three years (not always continuous) renting from the public sector as opposed to privately and are secure tenants of council property, you may be eligible for the Right to Buy Scheme in Harrogate. In the right to Buy sale, the property will be valued at the full market price, with a government discount applied to it.

How The Discount Is Worked Out

The discount percentage depends on varying factors, such as where you are in the country and how long you’ve been a council tenant. A big advantage of the Right to Buy is that due to the discount, there will usually be equity in the house already. How much equity again depends on varying factors, such as how much your discount is and the value of the property.

We often find that those who utilize the Right to Buy Scheme are First Time Buyers in Harrogate. We love working alongside First Time Buyers and are here throughout every step of the process. This starts with your initial inquiry, all the way through to your completion.

The Right to Buy Process

  • Firstly, you’ll need to contact the council and ask for an application form – This confirms your eligibility!
  • Once you’ve been accepted, you’ll receive a purchase price, of which you’ll have a set amount of time to accept.
  • Lastly, once a purchase price has been agreed on, we can get the ball rolling with your mortgage application!

Working out your monthly outgoings may be greatly beneficial to you if you are thinking of buying your council home.

Our recommendation is to work out what you have now as a tenant, then compare that to what it would be like if you were a homeowner. We are more than happy to help you out with this part.

Are you looking for a Mortgage Advisor in Harrogate?

As a knowledgeable and experienced Mortgage Broker in Harrogate, we can look through 1000’s of Right to Buy mortgage deals for you, tailored to your circumstances.

Throughout the whole process, we’ll offer a multitude of help and guidance, answering any questions you may have. We even aid with other local services when necessary, such as conveyancing.

Our brilliant team is incredibly proud of the service levels we provide day in and day out – This is reflected in our genuine customer reviews.


Harrogatemoneyman.com & Harrogatemoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.

Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk

The information contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK.
Should you have cause to complain and you are not satisfied with our response to your complaint, you may be able to refer it
to the Financial Ombudsman Service, which can be contacted as follows

The Financial Ombudsman Service, Exchange Tower, London, E14 9SR
www.financial-ombudsman.org.uk

© 2022 Harrogatemoneyman

Harrogatemoneyman – Workhub Harrogate, C/O Umbrella Property Group, 12 Station Parade, Harrogate, HG1 1UE.

Moneyman Logo







Moneyman Logo




Moneyman Logo

Ask Your Question





    Moneyman Logo

    Moneyman Logo







    Moneyman Logo

    Book your Free Consultation

    7 Days 8am - 10pm

    Moneyman Logo

    Moneyman Logo