The Right to buy scheme is still very much alive. ?2.6 billion worth of new mortgage lending was advanced in 2003/2004. This niche sector continues to produce stable business and, yet, it continues to single itself out by the lack of dynamism shown by many lenders. What does the future hold for this niche mortgage segment? This briefing provides the answer.

• Analyse trends in Right to buy (RTB) sales split by: RTB under local authorities, RTB under Registered Social Landlords (RSLs) & Preserved RTB (RSLs).
• Sizes the Right to buy mortgage market. Gross advances are split by RTB under local authorities, RTB under RSLs and Preserved RTB.
• Data relates to England and, where available, Great Britain.
• Provides a five-year forecast for RTB sales and RTB mortgage advances.

Gross advances for Preserved Right to buy grew at a quicker pace as the number of Preserved RTB sales continued its progression. Indeed, this product line reached ?360.6 million in 2003/2004 representing an increase of ?137.1 million over the previous year.

Many niche mortgage sectors have experienced major boosts due to the competitiveness displayed by players in the aim of increasing market share. Yet, interviews conducted in the course of this report reveal that players are relatively passive in the Right to buy mortgage sector.

Increased consumer awareness about the possibility of taking a non-standard Right to buy mortgage and the fact that the current high level of average consumer debt implies a higher risk of eligible Right to buy households ending up with a less than perfect credit story will impact positively on business generated from the non-standard segment.

• Gives you a competitive edge by providing you with a thorough analysis of the UK Right to buy mortgage market.
• Learn whether the UK Right to buy mortgage market is a sector worth competing in.
• Draw on Datamonitor's five-year scenario-based forecasts to plan your future strategy with confidence.