Glossary
Welcome to our glossary section.
If you're looking for the definition of a particular finance term or phrase, you can look it up here in our loans glossary. If the term or phrase you're looking for isn't listed, please let us know and we'll make sure it gets included.
Right To Buy
Applies to tenants who live within council owned properties. Right to buy schemes allow the tenant to purchase the property from the council at a reduced rate. The reduction is calculated in proportion to the amount of time in which the property was occupied.
