Right to Buy your council home for 70% below market value
I discuss the Right to Buy scheme which allows council tenants to buy their flat or house for up to 70% below market value. This is a very generous scheme that helps first time buyers (not exclusively) get on to the property value.
In this video, I talk about how the discount is calculated, who is eligible, Right to Buy mortgages, and selling your home.
LINKS MENTIONED/USED
First Homes scheme - https://youtu.be/CHoXOUSF1IU
Right to Buy scheme - https://www.gov.uk/right-to-buy-buying-your-council-home
CHAPTERS
Intro 00:00
Eligibility 00:28
Discount 01:59
- Right to Buy vs First Homes 05:58
Right to Buy mortgages 08:18
Selling you home 10:47
Outro 12:18
ABOUT ME
I'm Lemuel. I'm not a financial advisor. I'm not an expert. I'm just a regular guy that enjoys talking about how we can do better with money.
If you want to learn more about how you can do better with money, then subscribe to the channel and hit the notification bell so you get an alert whenever I upload a video.
DISCLAIMER
This video is not meant to address the specific circumstances of any particular individual. It is created for educational purposes only. You should not rely upon it as legal, financial or professional advice, or a substitute for it. I do not accept any liability whatsoever for errors, omissions or misstatements contained therein. You should consult a suitably qualified professional if you require specific advice or information.
Видео Right to Buy your council home for 70% below market value канала Self Invested
In this video, I talk about how the discount is calculated, who is eligible, Right to Buy mortgages, and selling your home.
LINKS MENTIONED/USED
First Homes scheme - https://youtu.be/CHoXOUSF1IU
Right to Buy scheme - https://www.gov.uk/right-to-buy-buying-your-council-home
CHAPTERS
Intro 00:00
Eligibility 00:28
Discount 01:59
- Right to Buy vs First Homes 05:58
Right to Buy mortgages 08:18
Selling you home 10:47
Outro 12:18
ABOUT ME
I'm Lemuel. I'm not a financial advisor. I'm not an expert. I'm just a regular guy that enjoys talking about how we can do better with money.
If you want to learn more about how you can do better with money, then subscribe to the channel and hit the notification bell so you get an alert whenever I upload a video.
DISCLAIMER
This video is not meant to address the specific circumstances of any particular individual. It is created for educational purposes only. You should not rely upon it as legal, financial or professional advice, or a substitute for it. I do not accept any liability whatsoever for errors, omissions or misstatements contained therein. You should consult a suitably qualified professional if you require specific advice or information.
Видео Right to Buy your council home for 70% below market value канала Self Invested
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