How much deposit do I need for a right to buy mortgage?

The vast majority of lenders will use the discount given by the local authority as a deposit for your mortgage. That being said, some lenders will still require you to put down a deposit in addition to this purchase price discount. This can occur more often with customers that have had or still have credit problems. A dedicated and hardworking mortgage advisor in Derby will be able to help with your right to buy deposit questions.

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