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homebuy
 The Homebuy scheme enables qualifying applicants to buy a property on the open market which they would otherwise be unable to afford.
If you are a housing association or council tenant (or likely to be nominated from the Housing Waiting List as being in housing need) we can help you by lending you 25% of the purchase price. You must be able to afford the other 75% through a mortgage or savings. You do not need to repay the equity loan unless you want to sell the property or buy the remaining 25% share. The amount you then repay will be based on 25% of the value of the property when you sell.
What is Market Purchase Homebuy? Ring our Home Ownership teams on 0845 602 1618 for more information and an application form. |
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