I've been waiting on this government to live up to their promise of extending the right to buy discount to housing association tenants. Nothing but lies, I'll be making my voice heard at the next general election!!!
What are the restrictions applied to the buyer, if the seller is selling out the council house through right to buy letter and to the open market? Is there any obligation applied to the open market buyer from council after the purchase?
Very informative video, thank you. Could you clarify if right to acquire may be available to privately paying tenants of a housing association (subject to other criteria being met, of course) or only social tenants?
From what I have read the right acquire property must be your main home. So if you rent it out you need to still be in the property, this is only for 5 years. Read more here: www.gov.uk/right-to-acquire-buying-housing-association-home
Iam applying to buy my council flat and I meet all the criteria except that Iam in the process of buying another private flat. How to structure this purchase to consider as investment and pay stamp duty so its not my main home.
How can someone get help with the application process to the housing association to see if the property is available and someone is eligible for Right to Buy or Right to Acquire.
Thanks Tuko, unfortunately not unless you consider purchasing another property on the open market. We can of course help you with that. www.DM.Mortgage
Hi There, I live in a non standard construction council house with the right to buy. Gaining a mortgage on this is extremely difficult for obvious reasons. Can you please give any advice.
Hi, please contact a kemeber of our team as they regularly deal with help to buy non standard construction properties and should be able to help you find th me right mortgage. Pease click the Website below where you can book a free appointment; dm.mortgage
If the right to buy discount is awarded to mum and dad and then son or daughter buys the flat. (Dad and son go into a joint tenancy) Can the 50/50 ownership be challenged to a different amount of ownership between the two parties based one how much discount was awarded and to who? ie: parents were awarded 3/4 of the value of the house through right to buy and son/daughter purchased the 1/4 through a mortgage.. can the joint tenancy be challenged to 1 1/4 and 3/4 ownership?