Mortgages, Money, Consumer affairs, Renting property, Property, Buying to let Business | The Guardian
Under a ‘concessionary purchase’, property owners can agree a cut-price sale to incumbent renters to save costsA growing number of people are taking out a little-known type of mortgage that allows them to buy a property without having to put down a deposit.Several lenders offer “concessionary purchase” mortgages, meaning that a tenant can buy the property they are living in from their landlord at a marked-down price. Continue reading…
Under a ‘concessionary purchase’, property owners can agree a cut-price sale to incumbent renters to save costs
A growing number of people are taking out a little-known type of mortgage that allows them to buy a property without having to put down a deposit.
Several lenders offer “concessionary purchase” mortgages, meaning that a tenant can buy the property they are living in from their landlord at a marked-down price.
