RTB and MIP without valuation

linzimarie

So we put in for the right to buy our council property at the beginning of November after hearing they were stopping the discount on 21st Nov. Not heard anything since so sent an email in to say they've received application but need a mortgage in principle. Here's where I'm stuck. How do we know how much mortgage we'd need as 1, we don't know the value of the house and 2, we don't know what discount we would get that would act as the deposit. 

ACG

You can probably get an approximate value of the property by looking at what similar houses have sold for or are up for sale for near by from rightmove.

You should be able to work out your discount - https://www.gov.uk/right-to-buy-buying-your-council-home/discounts