Right to Buy Mortgage Calculator

Calculation results should not be considered as a quote. Make sure you read the separate Key Facts Illustration (KFI) or European Standard Information Sheet (ESIS) before making a decision.

Fill out the few details below to see how we could help you achieve a mortgage

Applicant Details

Number of applicants

Calculate your chance of getting a Right to Buy mortgage

If you’re buying your council house or flat through the government’s Right to Buy scheme, you’ll still need to take out a mortgage, unless you’re in a position to make a cash purchase. People utilising the Right to Buy scheme have access to the same mortgages as regular homebuyers. This means they have to fulfil lenders’ standard affordability criteria, which take account of income, deposit size, credit history, and other factors.

Our Right to Buy Mortgage calculator will give you an idea of how much a mortgage for your property will cost. Start by selecting the number of applicants, and once you’ve completed the form, we will give you a price estimate for your Right to Buy mortgage.

What you need to know

Right to Buy has been around in one form or another since the 1970s. It is a scheme that allows secure tenants in council homes – and, more recently, some housing association properties – to buy the home they live in at a price discounted below market value. Over the years there have been many changes in the details of the scheme and the qualifying criteria for tenants who want to buy the council or housing association home they currently rent.

There are a number of qualifying criteria for both the property and the tenant. You can apply to buy your council home if:

It is your only or main home.
It is a self-contained property.
You are a secure tenant.
You have had a public sector landlord (for example a council/local authority, housing association or NHS trust) for 3 years – it doesn’t have to be 3 years in a row.

You may also have a Right to Buy if your home used to be owned by the council, but it was sold to another landlord (for example, a housing association) while you were living in it. This is called “Preserved Right to Buy”.

You can apply for Right to Buy either in your own sole name, jointly with someone who shares your tenancy (for example, your spouse or partner), or with up to three family members who have lived with you in the home for at least one year, even if they aren’t named on the tenancy agreement.

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