Eligible Council and Housing Association Tenants in England are able to purchase their home with a discount of up to a maximum 70% or £108,000 in London or £80,900 outside London, whichever is lower. The amount of discount you are eligible for is determined by how long you have been a public-sector tenant.For a House
You are eligible for 35% if you have been a public-sector tenant for 3 years and anything over 5 years, is increased by 1% for every year up to the maximum indicated above.For a Flat
You are eligible for 50% discount based on being a public-sector tenant for 3 years and anything above 5 years is increased by 2% for every extra year up to the maximum indicated above.
Levana Finance can help you work out the discount available and guide you through the process of how much you will be able to afford, how much you need to put down as a deposit and help you gain ownership of the property.
or contact us on 0203 289 4981.Your home may be repossessed if you do not keep up repayments on your mortgage. Not all products and services mentioned are regulated by the Financial Conduct Authority.