 |
 |
| Council
Right to Buy Scheme Procedures Do you want to buy your council house / flat / maisonette? Do you know how to go about applying for your right to buy your council house / flat / maisonette? If not, then let 1st Call Mortgages help you!! What to do First? Apply to the Council to buy your home off them – you will need the RTB1 Form (You can download this RTB1 form here) If you need help completing this form then ring us now on 01543 496 830 Upon completing your form – send the form to your local council offices Find the address from here: http://www.direct.gov.uk/en/Dl1/Directories/Localcouncils/AToZOfLocalCouncils/index.htm |
| Your Next Step? The Council / housing Association will respond within 4 to 6 weeks to inform you of your right to buy your council house / flat / maisonette. The Council / Housing Association will verify your application and the qualifying period i.e. how long you have been a tenant in the council property or properties. You will then receive a Council RTB2 Form which will inform you of your right to buy your council home or an explanation of why you are not eligible. (The RTB2 Form will not tell you how much you can buy your council home for yet). If you are successful, the council will send a valuation consultant to value your potential home. The Valuation Consultant will ignore all home improvements that you have made and value the property based upon current market value and its condition. It will then take up to a further 4 weeks to send you a Section 125 Form which will contain the council valuation price, qualifying discount and the discounted purchase price. 1st Call Mortgages will help you raise the necessary mortgage deal to enable you to buy your council home. |