Right to Buy Mortgages
We
provide council tenant right to buy mortgages UK wide. We also have
mortgages for right to buy for tenants of housing associations. We can
help regardless of a person's credit history or credit score.
And we will help you get your online loan NOW!
Council
tenant right
to buy mortgages UK wide. We also have mortgages for right to
buy for tenants of housing associations.
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?
|
Get a discount of up
to £38,000
on your home!
If
you dream of owning your home then Now Finance can help turn your dream
into reality. In just a couple of months you could be the owner of
your own home.
You may be frustrated that you
can't get your landlord to make the improvements you want done to
your property. You may be fed up with paying rent and having no
stake in the ownership of your house.
And if you thought you had to be a
Council tenant to benefit from right to buy, think again! You may
also be able to benefit if you are a Housing Association tenant.
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
|
