Right to Buy was set up by the UK government in the 1980s. It gives you the opportunity to buy your council home at a big discount. Currently, it’s only available in England. It exists in Northern Ireland, but the maximum discount is a lot lower.
You can get a Right to Buy mortgage if you meet the following criteria:
You’ve been living in a council property for 3-5 years
It’s your only property
It’s self-contained, which means you don’t share any facilities with other people outside of the household
There’s a legal contract between you and your landlord
They have had a public sector landlord for at least 3 years
The property is in England (Northern Ireland and Wales have their own schemes, and Scotland no longer has one)
Read more in our Right to Buy Explained Guide.
We get how it feels when you’re refused a mortgage. We’ve been there. Haysto exists because the mortgage world is broken. If you don’t have a shiny credit rating, you’re self-employed with a complex income, or just don’t fit the mould, the odds are completely stacked against you. We just don’t think that’s fair.
Unlike others, we only work on bad credit, self-employed and complex mortgages. That’s all we do. And we’re up for a challenge.
No robots, no automated answers. We use technology to connect you to a real person. Not replace them.
We only get paid when your mortgage is approved.