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Right-To-Buy Purchase At 100% LTV (With Adverse)


A married couple were looking to purchase their council house through a right-to-buy scheme. They were granted a discount of 35% and required £175,500 to purchase the property, which was valued at an open market valuation of £270,000.


They wanted to purchase the property on an interest only basis. The husband was self-employed and the wife was a homemaker on benefits which needed to be taken into account to meet affordability. Additionally the couple had a CCJ registered 13 months ago.


Our lender partner, Together Mortgages were able to offer the couple 100% of the purchase price on an interest only mortgage over a 20 year term with no early redemption penalties. This enabled them to realise their dream of owning their own home and improve their monthly cash flow as the mortgage payment was now lower than the rent they were paying.

A RTB product range designed to assist clients who have been excluded by mainstream lenders

  • 100% LTV (purchase price)
  • No minimum income requirements, benefits accepted
  • No credit scoring
  • No ERCS (inc. the 5 year fixed product)
  • Free valuation
  • Free lender legal fees


Location: Hertfordshire
LTV: 100%
Case Type: Right-to-buy