Right to Buy Mortgages.

Right to Buy lets eligible council tenants in England buy the home they live in for less than it is worth. Once you have been a public sector tenant for at least three years, you qualify for a discount. That discount can reach £102,400 outside London, or £136,400 in the London boroughs, and the exact figure depends on how long you have rented and whether you live in a house or a flat.

Here is the part that catches most tenants by surprise: the discount counts as your deposit. Put it toward the purchase and you may be able to buy with little or none of your own savings. Plenty of lenders run specialist Right to Buy mortgages built around the discount, and some will lend the full 100% of the discounted purchase price.

At Clearview Mortgage Solutions we have helped a lot of tenants turn a council home into a home they own. An adviser will confirm whether you qualify, work out the discount you are likely to get, and track down a mortgage that keeps the monthly cost manageable. Our [borrowing calculator](/calculators/borrow-amount) gives you a rough starting figure, and the [Right to Buy guide](/blog/right-to-buy-guide) walks through the process in more detail.