Berks & Bucks Finance
Right to buy mortgages – Turn your council house into your own home
- All types of mortgages
- All types of people
- All types of property
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🏡 Helping Tenants Become Homeowners with Expert Mortgage Advice
If you’re a council or housing association tenant in England, the Right to Buy scheme could be your chance to own your home — often with a substantial discount.
At Berks & Bucks, we specialise in helping eligible tenants navigate the Right to Buy process, secure the best mortgage deal, and finally step onto the property ladder with confidence.
🤔 What Is the Right to Buy Scheme?
The Right to Buy scheme lets eligible council and housing association tenants in England buy their home at a discount — maximum discounts range between £16,000 and £38,000, depending on your region.
Your discount depends on:
How long you’ve lived in the property
The type of property (flat or house)
The value of your home
You can use this discount as your deposit, and many lenders will accept it — meaning you may not need to put down any of your own savings.
🧾 Who Is Eligible for Right to Buy?
You may qualify if:
You’ve been a public sector tenant for at least 3 years (not necessarily continuously)
The property is your main home
It’s self-contained
You have a secure tenancy agreement
Joint applications:
You can make a joint application with:
Someone who shares your tenancy
Up to 3 family members who’ve lived with you for the past 12 months (even if they do not share your tenancy)
💷 How Much Can You Borrow on a Right to Buy Mortgage?
Lenders typically assess:
Your income and any other household earnings
Affordability checks (including your outgoings and credit history)
The property’s market value and the Right to Buy discount applied
✅ Some lenders will lend up to 100% of the discounted purchase price — meaning you might not need any deposit at all.
✅ Other lenders may also let you borrow additional funds on top of the discounted amount — ideal if you want to update, repair, or improve your new home after purchase.
Many lenders offer specialist Right to Buy mortgage products, with flexible criteria for:
Applicants with bad credit
Zero savings
Those on benefits or low income
🏦 Can I Get a Mortgage If I’m on Universal Credit or Benefits?
Yes — some lenders are open to applicants on benefits, including Universal Credit, ESA, and DLA, as long as affordability checks are met. We’ll help you find one.
📋 Right to Buy Mortgage Process – Step by Step
Apply to your landlord for the Right to Buy (RTB1 form)
Receive your offer letter with property value and discount (within 8–12 weeks)
Find a Right to Buy Mortgage Broker
Get a mortgage in principle and appoint a solicitor
Instruct your own surveyor (optional but recommended)
Receive your mortgage offer
Exchange contracts and complete
🧠 Why Use a Mortgage Broker for Right to Buy?
At Berks & Bucks Finance, we:
Have access to specialist Right to Buy lenders
Help with affordability checks, paperwork, and lender requirements
Support clients with bad credit, low income, or complex circumstances
Liaise with solicitors and housing officers to keep things moving
We’ll guide you from application to keys in hand.
⚖️ Can I Buy My Council House with Bad Credit?
Yes, it’s possible — especially if you have:
A steady income
A good explanation for your credit issues
A significant Right to Buy discount
We’ll help you access lenders who specialise in these situations. Check out our dedicated Bad credit mortgages page.
📍 Local Right to Buy Mortgage Help in Slough, Newbury & Across the UK
Whether you’re in Slough, Newbury, Reading, or anywhere else in the UK, we can help you get mortgage-ready for Right to Buy.
Our advice is personal, friendly, and fully regulated. We’re local experts with national reach.
📞 Ready to Buy the Home You Already Live In?
Owning your home through Right to Buy could be the biggest financial step you ever take — and the most rewarding.
Let us guide you through it.
⚠️ Your home may be repossessed if you do not keep up repayments on your mortgage.
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- Friendly, personable advisors
Let’s talk about your mortgage needs
You don’t need all the answers yet. We can talk through your situation, your plans, and what’s realistically possible before making any decisions.