Council tenants, who have received offer of buying their council homes, but do not have resources to purchase the home, need not get disheartened. This article explains the right to buy process along with providing vital information on council right to buy mortgage.
more ..... Right to buy is an attempt to build stable income communities by giving people right to buy. Not every loan lender will offer you right to buy but with research you will be able to find lenders offering specialized products. Right to buy legally enables you to buy your home, if you are a council tenant, at discounted prices. The discount is available on both houses and flats and will be calculated keeping in mind the term of your tenancy.
more .....
©2007 Pioneer Resource Limited
