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The Mortgage Route A to Z
RTB

This glossary or A to Z should help clear up any confusion as to what terms mean what in the mortgage and insurance industry

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A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Letter R

RTB

As in Right to Buy it is a benefit offered to local authority to their tenants to enable them to purchase the homes that they live in.

If the right to buy is accepted, the tenant is entitled to a discount from the market value of the property, which will be between 32% to 60% for a house 44% to 70% for a flat.

FSA declaration and important text about mortgage advice