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Right to Buy Mortgage Leads

A right to buy mortgage is a deal usually available to social housing tenants who have lived in the same property for a number of years.

People who fall into this category may be eligible to buy their property at a discounted price through the right to buy scheme.

In order to qualify for the right to buy scheme, tenants will need to have lived at the property for a minimum of two years if the tenancy began before 18 January 2005. However, the length of the tenancy must be five years if it began after that time. The amount of the discount increases the longer the tenant has lived in the property.

Under the right to buy scheme, the price of the property is usually much cheaper than if it were purchased in the open market.

FinanceLeadsOnline.co.uk receives high levels of right to buy leads generated by parent company BeatThatQuote.com which are then available for brokers to purchase.

Brokers have two options when purchasing right to buy mortgage leads - a fixed price or a bidding system. The fixed price system enables brokers to pre-determine the volume of right to buy mortgage leads they require and the price they are willing to pay for that lead.

Alternatively, brokers can use a bidding system to specify the maximum they are willing to pay for a right to buy mortgage lead according to the postcode area, providing the potential to pay less subject to other bids for the same leads.

FinanceLeadsOnline.co.uk frequently releases data via its news pages informing brokers of which regions are generating high volumes of leads.

Leads for right to buy mortgages are delivered in real-time and brokers receive lead exclusivity.