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Right to Buy Mortgage Advice in Cardiff

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We can Help you Buy Your Council House Under the Right to Buy Scheme

The Right to Buy Scheme is another government scheme that is designed to help people that live in council houses take the step onto the property ladder. This scheme gives them the right to buy their rented home, often at a generous discount. Over the years we have helped many first-time buyers take the property leap with the Right to Buy scheme. From your initial call, all through the process, your Mortgage Advisor in Cardiff is here to support you.


We often see that due to a large amount of discount being offered, no deposit will be required from the lender, instead just taking the discount as the deposit. Money for home improvements, such as a new conservatory, windows or extension options is also an option with some of the mortgage lenders we work with.


How does it work? Get a quote nowMeet your advisor

We search 1000s of mortgage deals across a large number of lenders, including:

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The Right to Buy Process in Cardiff

The process begins with a request for an application form from the council, checking your eligibility for the Right to Buy scheme. Once this has been undertaken, you will receive a property price from the council and you will have a period of time in which you can accept this offer.


Once you have accepted, it is worth getting in touch as a Mortgage Broker in Cardiff like us will be able to look at various deals, ensuring you have the most applicable one to your individual situation. We will have your back throughout the whole process, assisting with solicitors, surveys or insurance products if necessary. It’s in our nature to go that extra mile for our customers when providing Mortgage Advice in Cardiff.


Get in touch to book your free mortgage consultation in Cardiff.

Why choose us for Right to Buy Mortgage Advice in Cardiff?

  • A free initial mortgage consultation to all – No obligation!
  • Our friendly mortgage advisors in Cardiff are here from 8am – 10pm, 7 days a week, to answer all of your mortgage questions.
  • It is our job to work with you throughout the process! With our in-depth lending criteria knowledge, we will hopefully prove very useful to you.
  • Customer service is something we pride ourselves on. Please read our genuine reviews to learn more.
  • Our mortgage advisors in Cardiff are able to work around any of your work or family commitments, contacting when is best suited for you!

Get in touch so we can book you in for your free mortgage consultation in Cardiff.

What our customers say

Common mortgage

The discount provided by the council can often be factored into your deposit by lenders. Some lenders will still require a deposit though, on top of this discount. This is more common if someone has a poor credit history. Our experienced Mortgage Advisors in Cardiff will be able to have a chat and try answer your right to buy deposit questions.

Roughly your initial mortgage consultation will take around an hour. A Mortgage Advisor in Cardiff will then recommend a potential mortgage for you, which you can then choose to take or decline – You have no obligation!

As your dedicated Mortgage Broker in Cardiff, we carry out a Fact Find to clarify what is required for your personal situation before we progress and recommend a potential mortgage. To obtain an Agreement in Principle we then need to conduct a credit check. Once all the relevant documentation has been presented to your advisor, and a valuation of the property has been undertaken, a formal mortgage offer can be issued.

It is advised that you obtain an Agreement in Principle before you begin viewing properties in Cardiff. This helps reduce the risk of disappointment at a later stage. At the very latest you should look at getting one before you are ready to make an offer, as this will help with your bargaining position.

The average time an Agreement in Principle lasts for is between 30 and 90 days depending on the Lender you have gone with. If your Agreement in Principle expires, you can always get it refreshed.

If you are looking at things like debt consolidation or Home Improvements, then you may be able to get a second mortgage. Second mortgages may also be applicable if you are hoping to use it for yourself, a family member, a holiday home, or a Buy to Let mortgage.

You may still be able to get a mortgage with a poor credit history, but this will typically require a higher deposit than usual, sometimes around 15% of the property purchase price.

To obtain a mortgage whilst Self-Employed in Cardiff once you have submitted at least one years’ account. Most Lenders use your salary plus dividend to calculate the maximum mortgage, whilst others may choose to go off your net profit.

For an employee to prove income you are looking at the last 3 payslips and if you’re self-employed you’ll need the last 2 years of accounts. You will also need to provide proof of ID, address, and 3 months’ bank statements.

Generally speaking, our free consultations take around 1 hour. A Mortgage Agreement in Principle can usually be sorted within 24 hours. A formal mortgage offer takes about three weeks on average, depending on the circumstances.



We make it so easy!
Our 4 step process

Step 1

Contact the council for an application form and check your eligibility for the scheme.

Step 2

You'll receive a purchase price and from there we can take some initial details and book you in with a Mortgage Advisor in Cardiff.

Step 3

From there your dedicated advisor will work by your side, ensuring the process goes smoothly.

Step 4

We’ll try to find you the most appropriate mortgage deal. We’ll be there to support you, right through to completion.

A telephone call where we can take some initial details and find out about your plan of action.

Enjoy finding a property!

Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.

Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

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UK Moneyman Limited is authorised and regulated by the Financial Conduct Authority.
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