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Capital Fortune is a national and
award winning mortgage, buy-to-let
and insurance broker.

Call today to speak to an expert

0207 7 100 400

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As Featured
Our customers have rated our service
Feefo logoIndependant User Feedback Feefo logo98%
Customer - Buy to let remortgage
Excellent communication and speed of service throughout the process ...Read More

Right To Buy Mortgages

The government's Right to Buy scheme has been running since the 1980s when the then prime minister Margaret Thatcher introduced it. It allows social housing tenants the right to buy their home from the council at a discount to its value on the open market.

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What Our Customers Say

Customer - Further Advance
Very good! ...Read More
27 days ago

David Balgobin - Residential Purchase
I can highly recommend Capital Fortune and would definitely recommend Capital Fortune to anyone seeking a property loan in the UK. I can say unequivocally, that I would not have been successful in being approved for a property loan (mortgage) ...Read More
1 months, 2 days ago

Declan - Buy to let purchase
My experience with Capital Fortune was excellent. My case was a bit complicated and the product I was looking for was a niche mortgage product but the team at Capital Fortune made everything clear for me from their initial call. ...Read More
1 months, 3 days ago

Customer - Further Advance
As someone who finds tackling mortgages an anxious time I am very appreciative of how James Drury and Stephen Marsh saw me through the process with as little fuss and stress as possible. ...Read More
1 months, 5 days ago

Find out more

Top Discount

The top discount you can get varies by local authority and the rules are different in Scotland, Wales and Northern Ireland. In England, you're entitled to a maximum discount of up to £87,200, or £116,200 if you live in London for tax year of 2022/23. This amount increases every year in April in line with inflation.

Housing Association Tenants

Some housing association tenants are also given the right to buy their home, but not all. Whether you qualify will depend on whether the right to buy was preserved in the event that your home was transferred from a local council to the housing association that now owns it.

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Extending the Right to Buy scheme

The government has said it plans to extend its Right to Buy scheme to all tenants in housing association properties, but as yet this has not happened.

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Using your Right to Buy

In order to use your right to buy, you'll need to get a mortgage - just as you would when buying a property on the open market. Most lenders have options for borrowers buying using the Right to Buy scheme, but they can look at your application differently. For example, some lenders allow you to use the discount you get on your Right to Buy as a deposit, meaning you don't have to raise extra cash to put in. Others, however, do want to see that you have saved a deposit.

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A mortgage broker will be able to take you through the options available to you so you are comfortable that you have the right deal for you and that you will be able to afford the monthly repayments comfortably.

Find Out Current Rates

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Think carefully about securing other debts against your home. Your home or property may be repossessed if you do not keep up repayments on your mortgage or any other debts secured on it.

Commercial Mortgages and some forms of Part Commercial & Buy to Let mortgages are not regulated.

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