We can lend up to 100% of the discounted purchase price. We can also lend additional amounts for home improvements and legal fees.
Debt consolidation is not available on new Right to Buy properties.
If an applicant is in receipt of Housing Benefit this cannot be used as income to support the mortgage as it will not continue once the mortgage has completed. Even if the DWP agree to pay ISMI in its place this is not a form of income we will accept.
Questionnaires must be completed in addition to the application form to provide all the information needed to process your case. These are available only from our website:
Right to buy purchase Questionnaire (July 2004)
Applications cannot be submitted electronically. Please send your application and questionnaire to your allocated Service Centre.