Right to Buy Mortgages
How to get your section 125 notice from your council, county
council or housing association landlord. What are the home ownership
requirements in relation to right to buy? We can help regardless of a
person's credit history or credit score.
And we will help you get your online loan NOW!
How to get
your section 125 notice from your council, county council or
housing association landlord. What are the home ownership
requirements in relation to right to buy?
Helpful
information:
Do you
have the right to buy?
Why
should you consider buying now?
How do
you go about buying your home?
Why a
poor financial situation is not a problem!
How can
Now Finance help you?
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How do you go about
buying your home?
The process of buying your
home from your "Right to Buy" landlord is a well-trodden
path. 2 million properties have been bought this way
since 1980. You can benefit too, and we'll help you to do so.
As a specialist in
right to buy we
will guide you through the process and do much of the paperwork for
you.
The basic process is as
follows:
- Apply to your landlord
(Council, Housing Association, etc)
- Your landlord will tell
you whether you have the right to buy
- If you have the right you
will receive an offer letter from them (section 125 notice)
- Have the property surveyed
- Obtain legal
conveyancing advice
- Tell your landlord
whether you want to proceed or not
- Sort out a mortgage
- Complete the purchase
If you already
have your section 125 notice then you are well on the way to being a
home owner.
There are costs
associated with the process, but you don't need the cash
available upfront - we'll cover these and they can be added to
your loan.
The benefits of buying your
property can be significant - discounts of up to £38,000 from your
property's market value, Even so, the
Government urges people wanting to buy their property to take
independent advice on all aspects of the purchase. Now Finance is
independent, and it is also experienced in the Right to Buy field.
Now Finance will help you with
all the stages of the process - from approaching your landlord, to
obtaining legal advice; from sorting out the mortgage to completing
all the paperwork.
It makes sense to use a
specialist - contact us today.
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We believe
that buying your council house or housing association house could be the
best single investment of your life.
So what could buying
your rental property mean financially for you? Here's a typical example:
| A client's home
was values at £75,000 |
£75,000 |
| With a 55%
discount (£38,000 limit) they purchased it for |
£37,000 |
| They require
extra cash for property modernisation |
£10,000 |
| Giving them a
mortgage requirement of |
£47,000 |
| |
|
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Assuming a mortgage rate of 5.5%APR variable this gives
a monthly payment of £288.62 or the equivalent of £66.42 per
week.
Figures
based on a 25 year capital repayment basis. |
We can do
this calculation for you and look at how the payments compare to your
current rent. You are likely to be pleasantly surprised!
Remember:
- We don't charge
any upfront fees, so it will cost you nothing to explore how the
right to buy scheme could benefit you.
- You are under no
obligation once you have contacted us. So, you can walk away
at any time at no cost to you.
- A poor credit
history is not necessarily an obstacle to you owning your home.
- We are able to
provide mortgages even if your property is of a non-standard
construction
Bad Credit Loans are NOT a Problem!
We specialise in bad credit
mortgages. If you have been refused a loan by others you may have convinced yourself that you are beyond
help. Don't worry - we would like to try to help you.
Don't worry................We want to help you
NOW!
Because we are a specialist broker we have a broad panel of lenders and
access to thousands of products. There may be one (or more) for you.
It costs nothing to apply
and you not obliged in any way. It only takes a minute.
We'll do all the legwork, tell you what your options are, and then we
can sort everything out over the phone.
In Summary
- Lower rate UK loans because we
have lower operating costs
- Bad credit mortgages are not a problem -
we are happy to consider all credit situations
- No upfront fees
- Fast (1 minute)
online application
- Quick decision in
principle - we aim to speak to you within 1 hour of your application
- No credit search until you
authorise it
- As much as possible sorted out over
the phone to minimise your paperwork
Unsecured Loans from £200 to
£25,000; Tenant Loans from £200 to
£25,000; Secured Loans from £1,000
to £250,000; Remortgages up to £1m;
Payday Loans from £50 to £750;
Buy to Let mortgages;
Right to Buy Mortgages;
Poor Credit Loans
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