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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.
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Ami has been great. She explained everything clearly and answered all of our questions (silly or not). Communication was great, genuinely couldn't recommend this service or our advisor Ami more.
28 May 2026
Keith Hirst
UK Moneyman have helped with my mortgage and remortgage for many years. Always really helpful and knowledgeable. My latest remortgage was done with Conor, who was great at making sure I was getting not just the best deal, but the right deal for my needs.
22 May 2026
Victor Abrams
I found Warren Bailey to be a very helpful and knowledgeable advisor when I discussed with him the potential options for a retirement mortgage . He had contacted me within a day of my seeking an initial conversation with him , and he reassured me there were lenders out there who would consider a mortgage paid out of pension , despite my own bank nort even talking to me as I was over 70 ! Within a couple days Warren had led me through the onboarding process , had explained what documents were needed and had found me a lender suited to my requirements. An excellent experience, and I would recommend him strongly to people looking for a retirement mortgage, and generally . Victor Abrams
15 May 2026
Julie Brake
We would have given them 20 stars. Both Warren & Lizzi have worked so hard on our behalf, in what has not been the smoothest of circumstances. They have been so professional and kept us updated. Would thoroughly recommend this company. With grateful thanks in getting us our mortgage.
12 May 2026
Abdul khaliq Mayar
I would highly recommend UK Money Man, especially Matthew Collinson and Paula. They have done an amazing job for me from start to finish. My previous mortgage broker got my application declined through TMW, and I was very stressed and worried. When I came to UK Money Man, they completely changed the game for me. Matthew was always helpful, professional, and kept me updated at every stage — even on his day off. That level of service really meant a lot to me. Paula was also fantastic and worked hard on my application. Thanks to their hard work and support, my mortgage was approved. I truly appreciate everything they have done for me and my family. I would definitely recommend Matthew, Paula, and UK Money Man to anyone looking for a reliable and supportive mortgage broker.
11 May 2026
Flc
Amazing company! Used them many times since 2018 and always a high standard of service! Would definitely recommend!
5 May 2026
William Thompson
I would like to say Thankyou to Jonathan and Dan for giving me an easy experience in sorting out my equity release.They were polite,friendly and very professional in their duties,and they made everything as easy as possible for me
29 Apr 2026
Yasir Noori
The team at UK Moneyman, especially Stacey Waudby and Matt Collinson, were fantastic. They have been really helpful throughout the process and in keeping me in the loop, with any update regarding the application
16 Apr 2026
Janiene Walton
Great service, very professional and I felt my adviser really was interested in helping me get the best deal for a repayment mortgage for my age group.
29 Mar 2026
Andrea McLaren
What a fantastic team. Can’t recommend them highly enough. Warren and Johnathan were so professional and so easy to talk and explain things to. Everything about my remortgage went smoothly thanks to them. I will certainly be recommending them to friends and family. Thank you guys for all of your help, couldn’t have done it without you.
20 Mar 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.
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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
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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
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