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Guild of Independent Mortgage Advisers

 

   
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Council Tenants - Buying your home

Over 22,000 deals from over 400 lenders

It pays to speak to an expert

The Guild of Independent Mortgage Advisers have members who are independent advisers throughout the UK ready to give free advice.

 

 

Are you eligible?

If you have been a secure council tenant for at least two years (or five years if you became a tenant after 18 January 2005) you are likely to have the Right to Buy your council home at a discount.

If your were a secure tenant of a local authority and the ownership of your property was transferred to a housing association you may be eligible for a Preserved Right to Buy (PRTB) for your property. This will only apply if you are still the tenant of the same property before and after the transfer.

You do not have the right to buy if:

You do not have the right to buy if:

  • you are an assured tenant of a registered social landlord (RSL) and do not possess a PRTB
  • your home is rented in relation to your employment
  • the courts have issued a possession order for you to leave your home
  • you are undergoing bankruptcy proceedings
  • you live in housing specially provided for older people and (in certain cases) disabled people

 

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YOUR HOME MAY BE AT REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Enquiries generated via this website are passed on to independent financial advisers and mortgage brokers.
Think carefully before securing other debts against your home.
Your home may be repossessed if you do not keep up repayments on your mortgage.

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