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Ash
Ash, Solicitor
Category: Property Law
Satisfied Customers: 10916
Experience:  Solicitor with 5+ years experience
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can the Governments "Help to Buy" scheme be used by a council

Resolved Question:

can the Governments "Help to Buy" scheme be used by a council tenant under the "Right to Buy" scheme?
In other words, can a Council Tenant Buy at a discount with a 5% deposit?
Submitted: 2 years ago.
Category: Property Law
Expert:  Ash replied 2 years ago.
Alex Watts : Hello my name is ***** ***** I will help you with this.
Alex Watts : No, sadly they are different schemes.
Alex Watts : You can exercise a right to buy and use help to buy as well. It is one or the other.
Alex Watts : Can I calarify anything for you about this today please ?
Alex Watts :

I should also add you dont need a deposit for right to buy.

Alex Watts :

You discount is the deposit so you just get a mortgage for the balance.

Alex Watts :

Does that help?

Customer:

Yes, it does, thank you very much.

Customer:

Yes it does. Thank you very much.

Alex Watts :

Great. If I could invite you to rate my answer before you go - its the button at the bottom. Thanks

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