Right to Buy Mortgage

Right to Buy Mortgages – Clear Advice, Tailored to You

Buying your council or housing association home through the Right to Buy scheme can be one of the most cost-effective ways to become a homeowner. With discounts often running into tens of thousands of pounds, it’s a powerful opportunity—but one that needs careful handling to make sure the mortgage is structured correctly from day one.

At Mortgage321, we specialise in Right to Buy mortgages, including complex cases that don’t always fit high-street criteria. Whether you’re employed, self-employed, have fluctuating income, or have experienced past credit issues, we focus on finding a solution that works for your circumstances—not just a generic product.

Using Your Right to Buy Discount as a Deposit

One of the biggest advantages of a Right to Buy mortgage is that your discount can usually be used in place of a cash deposit. Many lenders are happy to treat this discount as equity, meaning you may be able to buy your home with little or no money upfront, subject to affordability and lender criteria.

We’ll assess:

• The level of Right to Buy discount available
• Whether the discount can fully replace a deposit
• The most suitable lenders based on your income and credit profile

Support for Complex & Non-Standard Cases

Right to Buy applications are often declined by banks when the situation isn’t straightforward. This is where our experience adds real value. We regularly help clients who are:

• Self-employed or company directors
• On zero-hours contracts or variable income
• Managing historic credit issues or defaults
• Looking to include additional borrowing for home improvements

Our role is to package your case correctly, explain it clearly to the lender, and secure a mortgage that is both affordable and sustainable long term.

End-to-End Guidance You Can Rely On

From reviewing your Right to Buy offer notice through to mortgage completion, we provide clear, practical guidance at every step. We’ll liaise with lenders, solicitors, and (where needed) local authorities, ensuring the process moves forward smoothly and without unnecessary delays.

With over 30 years’ combined industry experience and a strong track record in specialist lending, Mortgage321 is trusted by clients who need clarity, confidence, and solutions—especially when the stakes are high.

If you’re considering a Right to Buy mortgage, speak to Mortgage321 for tailored advice and a clear plan forward.

Your Path to Home Ownership

At Mortgage321, we pride ourselves on being the trusted mortgage partners right in the heart of Colchester. Our expert team provides personalised, transparent service tailored to each client's unique needs. With an unwavering commitment to securing the best deals and providing clear, honest advice, we empower our clients to make informed decisions with confidence.

Choose us for a seamless mortgage experience, built on trust, expertise, and a local touch that truly understands and values your needs.