Right to Buy Mortgages
If you have bed credit home ownership
grants and discounts are still available to you. County council tenants
and housing association tenants can still get
right to buy mortgages UK wide.
We can help regardless of your credit history or credit score.
And we will help you get your online loan NOW!
If you have
bed credit home ownership grants and discounts are still
available to you. County council tenants and housing association
tenants can still get
right to buy mortgages UK wide.
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?
|
Why a poor financial
situation is not a problem!
You may be attracted by the
benefits of Right to Buy but don't feel that your current financial
situation is good enough to take advantage of them. Don't worry!
With Now Finance you:
- don't need to have a good
credit history
- don't need to have any
money to put down
Any deposits and fees can be
added to your mortgage, and you can pay them off over any period you
wish.
The scheme has
been running 20 years and while successive governments have
diluted it it is still possible to get discounts on property
values of up to £38,000 (dependent on region, and your
period as tenant).
Discounts available
(subject to maximum cash limit on
regional basis) |
|
Period as
tenant |
Houses |
Flats/Maisonettes |
|
2 yrs |
32%
£24,000 |
44%
£33,000 |
|
5 |
35%
£26,250 |
50%
£37,500 |
|
10 |
40%
£30,000 |
60%
£38,000 |
|
15 |
45%
£33,750 |
70%
£38,000 |
|
20 |
50%
£37,500 |
70%
£38,000 |
|
25 |
55%
£38,000 |
70%
£38,000 |
|
30 |
60%
£38,000 |
70%
£38,000 |
|
Over 30 |
60%
£38,000 |
70%
£38,000 |
|
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 |
| |
|
|
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
|
