Speak to an Advisor 7 days, 8am - 10pm
Speak to an Advisor 7 days, 8am - 10pm
If you are currently living in a council house and named on the tenancy agreement, you may qualify for the right to purchase your current rental property from the local authority (typically council or housing association) at a discounted price. Usually you’ll find that due to the purchase price being discounted, no deposit will be required (though this isn’t a guaranteed perk).
Providing that you have spent at least 3 years (not always continuous) renting from a local authority and are secure tenants of a council or housing association owned property, you may find yourself qualifying for the government Right to Buy Scheme. When purchasing a property via Right to Buy, the property will be valued at the full market price with the government discount applied before the purchase is made.
The percentage of the property price that will be used as a discount would entirely depend on varying factors, such as where it is you live and are looking to buy, as well as the length of time you’ve been a council tenant.
One of the things that is seen as a major advantage of Right to Buy is that because you are utilising an applied discount, there is often existing equity in the house already. How much equity, like the discount, will also be dependant on various factors. These include how much your discount is and how much the property you’re looking to buy is actually worth.
Generally speaking, we find that those who are looking to use the Right to Buy Scheme are first time buyers in Sunderland. As a mortgage broker in Sunderland, our job is to help you through your mortgage process and we love what we do! We will be here throughout every step of the mortgage process, starting with your initial enquiry, all the way through to your completion.
Capital raising options for home improvements, such as a new conservatory, windows or extension are also available with some of the mortgage lenders we have on panel.
The amount that you can borrow for your Right to Buy mortgage in Sunderland is calculated through your income, expenditure and overall affordability.
Your credit score will also be checked, so it is important to check your score and try and get it the best that it can be before applying for a Right to Buy.
Our mortgage advisors in Sunderland will work out how much you need to borrow for your right to buy mortgage during your free initial mortgage appointment.
Simply book your free initial mortgage appointment online or give us a call.
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The fee is up to 1% but a typical fee is £495.
Our Customers Love Us
215 5 Star Reviews
Joseph Harros
As first-time buyers, we had very little knowledge of the mortgage process and found it quite daunting, especially with rising interest rates and uncertainty in the property market. We’re extremely grateful to Dinah and Jo for their support and would highly recommend UK Moneyman to any first-time buyer looking for a professional, knowledgeable and supportive mortgage broker.
29 Oct 2026
Jade Wilmot
As first-time buyers, we had very little knowledge of the mortgage process. We changed properties along the way, and our circumstances made the mortgage process more complex than we initially expected. Dinah and Jo were absolutely brilliant throughout. We would definitely recommend UK Moneyman to anyone looking to set up a mortgage.
29 Oct 2026
Diane A
First class service. Jason and Lizzie helped me immensely getting a good mortgage quickly when I found myself separated. They pulled out all the stops and even spoke to me after hours. Excellent and would highly recommend. I can’t thank them enough. I now have my dream home
28 Oct 2026
Chloe Gathergood
Paula and Jason have been so helpful in getting our first mortgage sorted. They were quick to answer any questions and very helpful with their advice. Thank you very much
23 Oct 2026
Rebecca Joy
Leo and Lizzi were exceptionally helpful. Leo gave us great advise, not just on products available, but on things like bidding on properties, whether we were likely to be approved for more complicated properties etc. Lizzi was very communicative and thorough in processing our application, and after our first sale fell through we didn't hesitate to use UK Moneyman again. Thanks so much to Leo and Lizzi!
15 Oct 2026
Callum Kennedy
Very helpful and informative. Made the process as easy as possible. Would recommend to other
14 Oct 2026
Barry Hall
I had a financial issue that I thought was pretty unique to myself. The help and solution to my financial question has been exceptional in every step of the way. A big thank you to Warren and Joe for all of your patience and technical expertise.
14 Oct 2026
Megan Whitlock
The team working with my profile were amazing, I was in constant communication with them, if I emailed and rang someone responded quickly and they were able to secure my mortgage within 6 weeks from my initial meeting which saved me a lot of messing around and stress. Great service thank you
14 Oct 2026
Linda Chadwick
Amazing company very helpful and patient fantastic staff at the Hull branch nothings to much trouble sorted me a morgage out quickly and efficient i would recommend them 100%
14 Oct 2026
Natalie Rose
We’ve had Elaine Tiernan as our mortgage advisor and she has helped us out so much in the process of being approved with our first mortgage. From working around our working hours to arrange phone calls and online teams meetings to being prompt to respond to our enquiries. Elaine has been nothing but helpful, professional and supportive in our journey this far and we are very grateful to have had her as our mortgage advisor. Thank you to Paula aswell for always checking up on us and ensuring the process was as smooth as possible. Natalie and Liam
13 Oct 2026
Discuss your current Right to Buy situation with a mortgage advisor in Sunderland.
You can talk to a mortgage advisor in Sunderland during your free initial mortgage appointment and see whether you are eligible for the scheme.
If you are eligible for the Right to Buy scheme, your mortgage advisor in Sunderland will help you with your application.
Once you submit your Right to Buy application, all that is left to do is to wait for an offer!
If you have received an offer and are happy to purchase the property at that amount, you can continue to the next step – finding a mortgage product!
Our advisors will help you find an appropriate mortgage for your personal and financial situation. If you are happy to continue with this mortgage product, we can submit your Right to Buy mortgage application!
Our 5-star service doesn’t stop there. As well as securing you a mortgage product that is tailored to you, we will also try and find you the most relevant insurance products to take out alongside your new mortgage. We want to make sure that you and your family are protected in the future.
We will also be back in touch when your Right to Buy mortgage needs renewing and you need to remortgage. This is all part of the Sunderlandmoneyman service.
As a long-standing and well-respected mortgage broker in Sunderland, we always aim to help every person that reaches out to us. We encourage you to give us a call, send us a message or book an appointment online if you are looking at your Right to Buy options.
From the very first time that you get in touch with us, all the way through to the completion of your mortgage, your dedicated mortgage advisor in Sunderland will be alongside you, ready to answer all of your mortgage queries and concerns.
Unlike what would occur when you go and speak with an advisor at a bank or building society, our team of mortgage experts in Sunderland have the ability to search through 1000s of mortgage deals on your behalf, working hard to try and find the most suitable deal that is available, based on your personal and financial circumstances.
We also have the ability to provide assistance when it comes to dealing with conveyancing solicitors, helping you to decide on which survey would be the most suitable option to go forward with. If you require any help with other additional services, please do not hesitate to ask your mortgage advisor and we’ll see if there’s anything we can do to help you.
Our loyal and dedicated team will be here to provide help and guidance to you anytime you need us, every single day of the week! The Right to Buy process isn’t always easy and we will aim to help you over any hurdles you face. It’s our goal to be open & honest and take away your stress, making you feel relaxed and excited for the eventual outcome.
Mortgage advice in Sunderland is available in the morning, afternoon, evening or weekend. Whichever time slot fits in with your work schedule, family schedule or anything else, we will have someone ready to speak to you as soon as they possibly can. No matter what, it’s the same service either way!
Our Home Buying App is a digital mortgage coach designed to help you save up, plan, and track your home buying journey – whether you’re buying your first home, or fancy a move.
Download For Free
Read our 14 Reviews
Sunderlandmoneyman is a trading name of UKMM Limited, which is an appointed representative of Mortgage Advice Bureau (Derby) Limited, who are authorised and regulated by the Financial Conduct Authority.
UKMM Limited is Registered in England, No. 16541342 | Registered Address: Capital House, Pride Place, Pride Park, Derby, England, DE24 8QR.
© Sunderlandmoneyman 2009–2026
Contact
Follow Us
Sunderlandmoneyman is a trading name of UKMM Limited, which is an appointed representative of Mortgage Advice Bureau (Derby) Limited, who are authorised and regulated by the Financial Conduct Authority.
UKMM Limited is Registered in England, No. 16541342 | Registered Address: Capital House, Pride Place, Pride Park, Derby, England, DE24 8QR.
© Sunderlandmoneyman 2009–2026
Speak to an Advisor
7 Days a Week, 8am – 10pm
We value your privacy
This website uses cookies. If you continue to use the site, we will assume that you agree with our use of cookies.
