Whole-of-market mortgage advice
Right to Buy Mortgages in Sleaford & Lincolnshire
Buying your council or housing association home through Right to Buy? Your discount acts as the deposit, so you may need little or no cash. We match you to a lender that offers Right to Buy and handle the mortgage. Free until your offer is approved.
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Whole of market
Free until approved
Your Lincolnshire mortgage team
Nick, Kasia & the team
Qualified advisers and support, here for every step
Buying your council or housing association home through Right to Buy? The discount you earn acts as your deposit, so you may need little or no cash of your own, but not every lender offers Right to Buy mortgages. As former bank managers advising across Lincolnshire, we match you to a lender that does and handle the mortgage end to end. Advice is free until your offer is approved, in person, by phone or video.
What is Right to Buy?
Right to Buy lets most secure council tenants, and some housing association tenants, buy their home at a discount once they have been a public-sector tenant for at least three years. You buy at the market value less your discount, and take a mortgage for the balance. It is one of the few ways to buy with a very small deposit, because the discount does the heavy lifting.
How much is the Right to Buy discount?
For a house, the discount starts at 35% once you have three to five years as a public-sector tenant, then rises by 1% for each extra year. For a flat it starts at 50% and rises by 2% a year. There is a regional cash cap, currently between about £16,000 and £38,000 depending on where you live. The percentages and caps change from time to time, so we confirm the current figures for your area with you before you plan around them.
The discount is your deposit
Most Right to Buy lenders accept your discount as the deposit, so you can often buy with no cash deposit at all, or a small amount towards fees. A lender still assesses your income and the mortgage on the discounted price. Below, get a guide to your borrowing on the price you would actually pay.
Which lenders offer Right to Buy mortgages?
Not every lender does, and those that do vary on how they treat the discount, your income and the property. Your own bank may not offer Right to Buy at all. As a whole-of-market mortgage broker, we know which lenders accept the discount as deposit and which suit your circumstances, so you are not left guessing.
Selling within five years
If you sell within five years of buying through Right to Buy, you usually have to repay some or all of the discount, on a sliding scale that reduces each year. It is worth factoring in if you might move on soon, and we will talk it through so there are no surprises.
Right to Buy for ex-forces and service personnel
The qualifying period counts your time as a public-sector tenant. If you have lived in service accommodation, it is worth asking the council whether that time counts toward your three years, as the rules on public-sector tenancies can vary. Many councils also give serving and former forces applicants extra priority on the housing list under the Armed Forces Covenant. If you are in the forces, see our mortgages for armed forces and military personnel too.
Right to Buy mortgages in Lincolnshire
From our Sleaford office we help council and housing association tenants across Lincolnshire, from Lincoln and Grantham to Boston and Spalding, buy their homes through Right to Buy. Ready to start? Book a free, no-obligation chat. Right to Buy rules are set by government and change from time to time, so we confirm what applies to you. Your home may be repossessed if you do not keep up repayments on your mortgage.
Is this you?
We help council and housing association tenants like…
- Council tenants of three years or more
- Housing association tenants who qualify
- Buyers with little or no cash deposit
- Serving and former forces on the housing list
- Anyone unsure which lenders do Right to Buy
Why a broker
Why council and housing association tenants use a mortgage adviser
Go direct and you only ever see one lender’s deals. We compare the whole market, handle the legwork, and keep you moving, often finding a rate and a lender you could not reach on your own.
Going direct to one lender
- One lender, one shelf of deals
- You fill in the forms and chase progress
- Criteria buried in the fine print
- A computer-says-no can end it there
- No one in your corner if it stalls
With Spolton, whole of market
- The whole market compared for you
- We handle the application end to end
- Criteria explained in clear, everyday terms
- Declined elsewhere? We know who says yes
- A named adviser who chases it for you
- Free until your mortgage offer is approved
How it works
From first chat to front-door key
Three simple steps. You always know what happens next.
A free, friendly chat
Tell us your situation. We listen first, with no obligation and no pressure, in person, by video or on the phone.
We search the whole market
We compare lenders across the whole market and bring you a clear recommendation you can actually understand.
We manage it to completion
We handle the application and chase lenders, solicitors and agents, so you can get on with your move.
Local to you
Advising on right to buy mortgages across Sleaford & Lincolnshire
From our Sleaford office we help council and housing association tenants across Lincolnshire buy their homes through Right to Buy, from Lincoln and Grantham to Boston and Spalding. As former bank managers we know which lenders accept the discount as your deposit, and we advise in person, by phone or video.
- Sleaford
- Lincoln
- Grantham
- Boston
- Spalding
- Gainsborough
- Newark
Honest about money
No surprises. Ever.
Never a surprise fee. Here is how ours work, plainly: most advice is free until your mortgage is approved.
- Free until your offer is approved
- Whole-of-market, not one bank’s shelf
- We tell you the fee before any work begins
Your home/property may be repossessed if you do not keep up repayments on your mortgage.
Our fees, in plain English
Until a fully approved mortgage offer
Free
Standard fee thereafter
Typically £299
Armed Forces & Blue Light Card
£199
Like-for-like remortgage rate switch
No fee at all
Figures correct at time of advice. We confirm everything up front.
Good to know
Right to Buy Mortgages: your questions answered
How much is the Right to Buy discount?
For a house it starts at 35% after three years and rises 1% a year; for a flat, 50% rising 2% a year, up to a regional cap of roughly £16,000 to £38,000. The figures change from time to time, so we confirm the current ones.
Can I use my Right to Buy discount as the deposit?
Yes, most Right to Buy lenders accept the discount as your deposit, so you can often buy with little or no cash deposit of your own.
Do all lenders offer Right to Buy mortgages?
No. Only some do, and their criteria differ. As a whole-of-market broker we match you to one that accepts the discount and fits your circumstances.
Do you repay the Right to Buy discount if you sell?
Usually, if you sell within five years, on a sliding scale that reduces each year. We factor it in so there are no surprises.
What clients say
701 verified reviews, rated 5.0
258 reviews on Google and 443 on VouchedFor for 4 advisers, all independently verified. A 5.0 average across both.
5.0 average · Google & VouchedFor
Real people, real advice
The people behind your mortgage
You will deal with a named adviser from start to finish, backed by an administration team who keep your case moving behind the scenes. Here is who you will be working with.
From first chat to front-door key
Let’s make your move simple
Free, no-obligation consultation. We listen, compare the whole market, and hand you a clear plan, no jargon.
Free until your offer is approved
No jargon, no pressure
Whole-of-market advice
Your home/property may be repossessed if you do not keep up repayments on your mortgage.
