Just 4 Mortgages
Can I sell A Right To Buy Property?
Guide
A right to buy property purchase is one where you purchase your council property at a discounted price. However what happens if you wish to sell the property?
You are free to sell the property at any point however if you sell within 5 years of the date of completion, then you will need to re-pay a portion of the discount you received. This discount does reduce with each year e.g. the full discount is due tiwhtin the first year 80% in the second, 60% in the third, until you reach the fifth year.
After 5 years from your completion day, you are then able to sell the property without needing to repay any discount.
We can help you with your right to buy purchase and point you in the right direction when it comes to selling. Contact us now on 01623 622611 ☎️
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Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage. The guidance and/or advice contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK. There will be a fee for mortgage advice. The precise amount will depend upon your circumstances but a typical fee will be £494