You are here: Home - News -

Precise launches into Right to Buy

by:
  • 05/10/2016
  • 0
Precise launches into Right to Buy
Precise Mortgages rolled out a range of Right to Buy products to support tenants using the scheme to purchase their existing home.

Features of the range include loans up to 100% of the discounted purchase price, a maximum loan size of up to 75% of the open market valuation and five-year fixed rate products.

Some deals come with a zero product fee option and there are options available for customers with previous credit issues.

The government’s extension of the Right to Buy scheme helps eligible council and housing association tenants in England buy the home they have been living in, by offering a discount, of up to £103,900 in London or £77,900 outside London, on the price of the property.

Alan Cleary, managing director, Precise Mortgages (pictured), said: “The Right to Buy range builds on our previous support of the Help to Buy Equity Loan scheme. This demonstrates our ongoing commitment to support government initiatives and borrowers who have been excluded by high street lenders.”

There are 0 Comment(s)

You may also be interested in