Right to Buy specialists.
Warwick Knight are
trained to guide you through the whole process.
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from the
initial application to your council,
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to
advising on a mortgage,
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to the
completion of the purchase of your home.
We will even help you complete
the paperwork!
Make your dream of owning your own home happen.
We have specialist knowledge to help you buy your home
even if you think your current financial status stands in the
way. It’s so easy to start.
Remember, as a Right to Buy
market specialist we help people every year to achieve
their dream of owning their own home. We just might be able
to do it for you. So if you’re thinking of buying your council
house or just require further information contact us now.
The
Council House Right to Buy rules are changing
Here is a summary of
the main changes that take effect from 17th January 2005
in England & Wales. Your council should have more details.
Remember, all you have to do to buy your council house under the
current rules is to make an application to your council before 17th
January 2005.
Under current law,
if you re-sell your home within 3 years of buying it from the
council, you are required to refund (to the council) some or all
of the discount that you received when you purchased it. Under
the new law, the period where a refund will be payable is
extended to 5 years.
Under current law,
if you re-sell your home within 3 years of purchase, the amount
you are required to pay back is a % of the discount you
received. After 17th January, the amount you will be
required to pay back will be a % of the re-sale price.
Under the new
rules, the council will have the option of buying the property
back in preference to any other purchaser. The council will
have this right of first refusal, for up to 10 years.
This is just a summary of the changes.
Warwick Knight is one of the Midlands leading
Right to Buy Mortgage
Brokers. We offer a free mortgage consultation on all types of
mortgages. Whatever type of mortgage you require please give us a
call and we will be happy to discuss your needs and requirements
If you would like to talk to our team please
complete the Following form and a qualified Mortgage Advisor from
Warwick Knight will be in touch to help you find the best mortgage
for your needs
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