Mortgages and mortgage advice, this is your route

  Home  |  About Mortgages  |  Sourcing Tools  |  Calculators  |  Key Facts  |  A to Z       Contact Us
You are here: Mortgage Route > Glossary A to Z > Letter R
 

The Mortgage Route A to Z
Right to buy

This glossary or A to Z should help clear up any confusion as to what terms mean what in the mortgage and insurance industry

Did this page help you?

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Letter R

Right to buy

Right to Buy is a benefit offered to local authority to their tenants to enable them to purchase the homes that they live in.

If the right to buy is accepted, the tenant is entitled to a discount from the market value of the property, which will be between 32% to 60% for a house 44% to 70% for a flat.

FSA declaration and important text about mortgage advice