Visit us at the top of Market St. in Kettering Pop in for a cup of tea to discuss your mortgage at 2 Church Walk, Kettering, Northants NN16 ODJ
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Right To Buy Mortgages - Best4U Kettering Northamptonshire
This is where you have been offered the 'right to buy' on your council house at a discounted price of the actual value.
There are a variety of lenders that offer these now and someitmes allow you to borrow extra should you wish to improve your home.
Quite often the council or housing association ascertain their own value (which is usually less than the market value) and then give you a discount of this and that is the proce they are offering to you for.
The lenders we have access to will actually use the market value to lend in most situations.
Please be aware that like mortgages, councils have penalties too, and if you try to sell the house within 3 or 5 years you have ot pay back some of the discount.