Definitions for "Right To Buy"
This is an option for council tenants to purchase the property in which they live in. The property price is often at a discount, proportional to the length of occupancy.
The Right to Buy Scheme gives council tenants the right to buy their council home at a lower price than the market value. For further information on Right to Buy please visit the OPDM website.
This nationwide scheme enabling local authority tenants of two years to buy their homes at a discount. Skillsmatch Skillsmatch is a scheme where the council acts as a broker between local job seekers and employers with job vacancies. More information on Skillsmatch
Keywords:  glossary, mortgage
Mortgage Glossary