Right to buy
If you are renting a local authority property at the moment, you may be entitled to buy it and get yourself on the property ladder without actually putting any of your own money in initially!
Right to buy mortgages are offered to those who have been living in local authority accommodation at a significantly reduced price. The government will give you the opportunity to purchase the property by discounting the purchase price whilst the mortgage lender will offer a figure up to 100% of that price!
In a nut shell, you get a property well below market value and potentially not having to put down a deposit!
Get in touch to discuss this further.