Council Right to Buy Mortgage: a Golden Chance for Tenant
By: Judith Earl | Posted: 26th April 2006
If you are a council tenant living in a house for a few years than you have the council right to buy it at a discount. So this is a golden chance for you to be a house owner and enjoy all the facilities which you have observed from a distance so long. A council right to buy mortgage will enable you to avail the chance.
Getting a house of his own is the dream of every of tenant. After all paying rents and living in uncertainty is not liked by anybody. If you have your own house you can arrange it according to your taste and requirements as you are certain that you will not be asked to vacate it anymore.
Since you are getting the chance of becoming a house owner through council right to buy mortgage at a discount rate it really makes sense to go for it. In this connection it must be mentioned that the discount you will be allowed will depend on the years you have been living in the house.
You acquire the right to buy mortgage if you are secured tenant of district council, London borough council, housing action trust, non-charitable housing association or a tenant of sheltered housing. Whatever may be your status you can avail a council right to buy mortgage at a really affordable rate.
In addition to this there are some other benefits you can avail in case of right to buy mortgage like affordable repayment and flexible terms. You can apply for a council right to buy mortgage with your bad credit record also. In fact, council right equip the tenant with a chance to buy their own house in a favourable manner. Hence it is strongly recommended to avail such a chance.
The author is a business writer specializing in finance and credit products and has written authoritative articles on the finance industry. He has done his masters in Business Administration and is currently assisting Adverse-Credit- Council-Mortgages as a finance specialist.
For more information please visit: http:// www.adverse-credit-council-mortgages.co.uk
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Tags: rents, mortgage, uncertainty, mortgages, adverse credit, bad credit, flexible terms, business writer, masters in business administration, masters in business, authoritative articles, finance industry, finance specialist, council tenant, housing association, golden chance