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Mortgage & Equity Release - Call Us 0117 313 7780

1.55% 2 Year Fixed

  • FREE Valuation

Representative Example: Overall Cost For Comparison 4.1% APRC. Mortgage of £120,000 on property valued at £200,000 over 25 year term. Fixed for 2 years after which reverts to Post Office variable rate of 4.49%.

Call Post Office FREE on 0808 178 6813

Mortgages for Ex Local Authority Properties

Our Mortgage Service for Ex Local Authority Properties

Special features of what we offer include:

  • Whole of market service - we work with most UK lenders
  • We work with lenders who will provide lending for ex local authority homes or flats
  • Access to leading market mortgage rates
  • Access to exclusive loan deals not available on high street
  • Fast turnaround - speak to us today if you need to move quickly
  • We have lenders who will take into account previous defaults and missed payments 
  • Looking to raise additional finance on top of your existing mortgage or buy to let mortgage? - we have access to a range of finance solutions

To investigate your mortgage options call our mortgage team on 0117 313 7780 or fill in our call back form.

"The essence of the Fair Mortgages service is professional independent mortgage and protection advice brought to you by a team of specialist advisers and experienced administration support. 

As your mortgage is such an important transaction, good advice is imperative.


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Compare the Latest Mortgages Deals for Ex Local Authority Properties

Buying Your Ex Local Authority Property

Buying your ex local authority property is likely to be one of the biggest financial commitments that you are ever likely to make and a dream for many people to own their own home. Or, you may already be a property owner who is looking to buy an ex local authority property.

Can I buy my council house or flat?

If you have lived in your property for at least two years, and signed your tenancy agreement prior to 18th January 2008, then you should qualify under the Right to Buy scheme. If you signed your tenancy agreement after this date, you will need to have lived in your property for a minimum of five years before you have the Right to Buy.

Not all ex local authority properties are available under the Right to Buy scheme – for example, sheltered housing and temporary accommodation.

Costs involved in getting mortgages for ex local authority properties

Buying your ex local authority property, rather than renting it, will, however, bring additional costs which you should consider carefully before deciding whether or not to exercise your Right to Buy:

  • Initial purchase costs such as conveyancing fees and survey fees
  • Potential loss of benefits such as Housing Benefit and Council Tax Benefit
  • Cost of repairs and maintaining the property – remember that as a property owner you are responsible for the completion and payment for all necessary repairs to the property, so you will need to make sure you have enough savings to cover you if, for example, you have a burst pipe or a leaking roof
  • Additional costs which you may not have had to factor in before, such as buildings insurance

Advantages and disadvantages of getting mortgages for ex local authority properties

Advantages of continuing to rent from your local authority could include:

  • As a council tenant you may continue to be eligible for certain benefits that may not be available to you if you own your own home.
  • You will not need to organise and pay for your own property maintenance because the council will remain responsible for carrying out any major work required on your home.

However, the benefits of buying your council house through a right to buy mortgage could include:

  • The opportunity to by an ex local authority property at a significant discount from its market value
  • The security of having ownership of your home and the chance to benefit from any increase in its value
  • Being able to decorate and extend your property to your own tastes and requirements

Getting mortgages for ex local authority properties

Our dedicated whole of market mortgage team can help you to locate the right mortgage deal to suit your needs. To find the best ex local authority property mortgage deals for you – call us today on 0117 313 7780 or click here » to request a callback.

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Call 0117 313 7780 or Request Callback for advice on getting a mortgage for a council property

For a FREE initial conversation about your mortgage options complete our short enquiry form.

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