Right To Buy Mortgages
Right to Buy is a government backed mortgage scheme designed to help you buy the home you currently rent at a discounted price.
We are supporting Right to Buy with a range of mortgages.
If you’re interested in the mortgage scheme you will need to contact your landlord to find out if you qualify. We will require Right to Buy documentation confirming eligibility and the discounted purchase price.
You can apply online or over the phone to get an Decision in Principle.
If you’d like to receive advice or need support with your application, please contact us.
If you move home and wish to keep your mortgage with Leeds Building Society you may not be required to pay an Early Repayment Charge. Please ask for further details.
Why choose Leeds Building Society?
- Right to Buy lending is available for up to 100% of the borrowers discounted purchase price
- We will lend up to 75% of the property value for the purpose of home improvements, subject to the borrower obtaining a letter/deed of postponement from the landlord confirming ranking agreement
Warning: THE MORTGAGED PROPERTY (WHICH MAY BE YOUR HOME) MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.