How much deposit do I need for a right to buy mortgage?
It’s likely that you’ll be given a council discount on your Right to Buy; as a Mortgage Broker in Cardiff, we’ve found that most lenders will use this as your deposit.
However, we’ve also seen that some lenders will still require a deposit for your Right to Buy mortgage on top of the discount. If you’ve had a poor credit history, lenders are likely to use this approach.
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