Loan Introducer
  • Home
  • News
  • Latest Issue
  • Mortgage Rates
  • House Price Centre
  • Blog
  • Commercial
  • Residential
  • Secured
  • Short Term
  • Unsecured
Facebook LinkedIn Twitter

Time: 0:0

Together allocates £100m for Right to Buy

11 October, 2016

By: Ryan Bembridge

category: Residential

0

Specialist lender Together has allocated in excess of £100m for council and housing association tenants using the Right to Buy scheme.

The lender has identified a number of hotspot regions based on council and housing association stock. These include London, Bristol, Birmingham, Liverpool, Manchester, Newcastle and Sheffield.

Together will work with brokers regionally to raise awareness of its Right to Buy products.

Pete Ball, chief executive of Together’s retail division, said: “We are specialists in this market and offer a range of products to suit different needs.

“We will look at funding properties that many lenders wouldn’t consider; such as high-rise flats, and we’ll also work with those who have a less-than-perfect credit history.

“This is very much our niche; providing a service for a market that is being underserved by other lenders, and adopting a common sense approach, whilst always ensuring our customers’ loans are affordable.”

Right to Buy allows council tenants who have lived in their property for three years or more to purchase their properties at reduced prices.

The scheme has been extended to housing association tenants in a pilot programme spanning 23 local authorities, for tenants who have lived in the property for over 10 years.

Together offers a range of Right to Buy mortgages, based on both capital repayment and interest-only, with many income sources accepted including employed, self-employed, DWP benefits and pensions. Loan amounts range from £3,000 to £200,000, with loan-to-values of up to 60%.


Tags: Pete Ball, Right to Buy, Together

Recent News

ONS: House prices up 8.6% in the year to February

21 April, 2021

Ocean Finance launches messaging service

21 April, 2021

Loans Warehouse: Second charge lending up 31%

14 April, 2021

Together offers reduced rates on second charge products

14 April, 2021

Comments are closed.

Polls

Will the next six months see an increase in second charge business?

View Results

Loading ... Loading ...
BACK TO TOP

Blog

Blog: Regulation, regulation, regulation

28 January, 2016

  • 0

BLOG: The need to shop around

27 October, 2015

  • 0

Experience is everything

28 March, 2013

  • 0

Tags

  • ‘The LM Experience’
  • £50m
  • 1st HomeLoans
  • 1st Stop Group
  • 247Moneybox
  • 360 Lifecycle
  • 75% LTV
  • 85% LTV
  • Aaron Noone
  • ABC
  • Abhai Rajguru
  • Access 4 Finance
  • Access4Finance
  • Accord
  • acquisition
  • Adam Tyler
  • Adelle Rhule-Martin
  • Adrian Moloney
  • Advertising Standards Agency
  • Advertising Standards Agnecy
  • Home
  • News
  • Latest Issue
  • Mortgage Rates
  • House Price Centre
  • Blog
Facebook LinkedIn Twitter

© CEDAC Media Limited | Terms & Conditions

Advice to readers

While this website is checked for accuracy, we are not liable for any incorrect information included. We recommend that you make enquiries based on your own circumstances and, if necessary, take professional advice before entering into transactions.


© Mortgage Introducer Limited: Our Privacy and Cookies Policy

TPG

www.mortgageintroducer.com
www.investmentinternational.com
www.homebuying.co.uk
www.propertywire.com
www.everyinvestor.co.uk

Close

Enter the site

Login

Password

Remember me

Forgot password?

Login