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  Right to Buy Discounts  

TABLE OF MAXIMUM DISCOUNTS UNDER THE RIGHT TO BUY SCHEME ARE -

South East £38,000 Unless your home is in the Local Authority areas of Chiltern, Epsom & Ewell, Hart, Oxford, Reading, Reigate & Banstead, Tonbridge & Malling, Vale of White Horse, West Berkshire, In these Local Authroity areas the Maximum Discount is £16,000
Eastern region £34,000 Unless your home is in Watford where the maximum is £16,000
South West £30,000
North West £26,000
West Midlands £26,000
East Midlands £24,000
Yorkshire and the Humber £24,000
North East £22,000
Wales £16,000
London £16,000 Unless your home is in Barking, Dagenham or Havering where the maximum discount is £38,000

If you need information about how much you are entitled to click here


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Your home may be repossessed if you do not keep up repayments on your mortgage.
There will be a broker fee on completion of between 0% and 10 % of the loan amount.
For self employed the overall cost for comparison is 7.9% APR. The actual rate will depend on your circumstances. Please ask for a personalised illustration.
For council right to buys the overall cost for comparison is 7.9% APR. The actual rate will depend on your circumstances. Please ask for a personalised illustration.
Buy to Let mortgages are not regulated by the Financial Services Authority.
Overseas properties - changes in the exchange rate may increase the sterling equivalent of your debt.
Commercial property - not regulated by the Financial Services Authority.
Remortgagesandmortgages.com is a trading name of Lake Holdings Limited.
The guidance and/or advice contained within this website is subject to the UK regulatory regime and therefore is primarily targeted at consumers based in the UK.
Lake Holdings Limited, is authorised and regulated by the Financial Services Authority.
Lake Holdings Limited is entered on the FSA register http://www.fsa.gov.uk under reference 463640.

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