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Right to Buy Mortgage Advice in Scunthorpe

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We can Help you buy Your Council House Under the Right to Buy Scheme

The Right to Buy Scheme allows people that live in council houses the right to buy their home at an often generous discount. We’re able to help you with the whole right to buy process and not just with mortgage advice.

Often, due to a large amount of discount being offered, no deposit will be required. Money for home improvements, such as a new conservatory, windows or extension options is also available with some of the mortgage lenders we work with.

 

Right to Buy Mortgage Advice in Scunthorpe to buy your council house.

 

Right to Buy Capital Raising Options for Home Improvements

 

How does it work? Get a quote nowMeet your advisor

We search 1000s of mortgage deals across a large number of lenders, including:

Mortgage Lenders 007

The Right to Buy Process

We’ll begin by requesting an application form from the council and checking your eligibility. Once this is complete, you’ll receive a price from the council. You’ll then have a period of time to accept this offer.

 

We’ll provide you with open and honest mortgage advice throughout your whole purchase. Also, if you require any help from solicitors, surveys, or insurance products it’s all part of the service.

 

Get in touch to book your free mortgage consultation in Scunthorpe.

Why choose us for Right to Buy Mortgage Advice in Scunthorpe?

  • Free, no obligation mortgage consultation for all customers.
  • Our friendly mortgage advisors are here 7 days 8am – 10pm to answer all of your mortgage questions, getting through to an advisor will never be a problem.
  • We can search and compare 1000’s of mortgages, to find the right one for you.
  • We can provide our 5 star mortgage advice service in Scunthorpe,over the telephone.

What our customers say

Common mortgage
questions

The discount provided by the council will often be used by lenders as your deposit. Some lenders however, will require you to put down a deposit in addition to the discount. This is sometimes the case if you’ve been struggling with credit problems. Our Mortgage advisors in Scunthorpe are able to answer your right to buy deposit questions.

Your free mortgage consultation in Scunthorpe will last around one hour. We will then recommend a mortgage for you with no obligation for you to proceed and you can decide whether or not you wish to proceed with the mortgage.

As your mortgage broker in Scunthorpe, we carry out a Fact Find to establish your personal needs before we recommend the most suitable mortgage for you. A credit check is then required for an Agreement in Principle. Once you have provided all the relevant documentation and a valuation of the property has been undertaken, a formal mortgage offer can be issued.

To avoid possible disappointment, we recommend you obtain an Agreement in Principle before you begin viewing properties in Scunthorpe. At the very latest you should obtain one prior to making an offer to assist your bargaining position.

An Agreement in Principle typically lasts for between 30 and 90 days depending on the Lender used. If your Agreement in Principle expires it can always be refreshed.

It may be possible to get a second mortgage on your home for things like debt consolidation or Home Improvements. It may also be possible to take out a mortgage on a second property if you’re wanting to use it for yourself, a family member, a holiday home or a Buy to Let.

If you have had credit problems you can still get a mortgage but you may possibly be required to put down a higher deposit than usual, perhaps 15% of the property purchase price.

Once you have submitted at least one year’s accounts, you are able to get a mortgage. Most Lenders use your salary plus dividend to calculate the maximum mortgage, whereas others are known to go off your net profit.

It’s usually three payslips for an employee to prove income and the latest 2 years’ accounts for Self Employed. You will also need to produce proof of ID, address and 3 months’ bank statements.

Our free consultation typically lasts up to an hour or so. We can turn round an agreement in principle within 24 hours. A formal mortgage offer takes about three weeks on average.

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We make it so easy!
Our 4 step process

Step 1

Contact the council for an application form and check your eligibility for the scheme.

Step 2

You'll receive a purchase price and from there we can take some initial details and book you in with a Mortgage Advisor in Scunthorpe.

Step 3

From there your dedicated advisor will work by your side, ensuring the process goes smoothly.

Step 4

We’ll try to find you the most appropriate mortgage deal. We’ll be there to support you, right through to completion.

A telephone call where we can take some initial details and find out about your plan of action.

Enjoy finding a property!

Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.

Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

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Scunthorpemoneyman.com & Scunthorpemoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited registered in England, registered number 6789312 and registered office 10 Consort Court, Hull, HU9 1PU.

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