The Right to Buy scheme gives eligible council tenants the right to buy their property from their council at a discount.

If you have been a secure council tenant for at least two years (or five years if you became a tenant after 18 January 2005) you are likely to have the Right to Buy your council home at a discount. You may also have the option of raising additional lending at the same time. The overall cost for comparison is 7.4% APR. The actual rate will depend on your circumstances. Ask for a personalised illustration.

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