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Eligibility

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 Other Buying Options
 What is HomeBuy Direct?
HomeBuy Direct is a government backed shared equity scheme designed to help up to 10,000 first time buyers into affordable home ownership. The scheme also helps participating housebuilders by enabling more First Time Buyers to purchase their newly built properties.
 What is New Build HomeBuy?
The most widespread affordable housing scheme is New Build HomeBuy (also known as shared ownership). The ‘New Build HomeBuy’ scheme could help you to buy a newly built property. You pay for a share of the cost of the property and pay rent on the remaining amount.
 Affordable Homes
From shared ownership to rent-to-buy, first homes are within reach.
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Affordable Homes Affordable New Homes Affordable Property Affordable Shared Equity Shared Ownership Try Before You Buy Affordable Housing First Time Buyers HomeBuy Direct New Build HomeBuy Eligibility Other Buying Options Rent A New Home Rent to HomeBuy What is Staircasing Social Workers

Tens of thousands of first time buyers from all sorts of backgrounds are taking advantage of affordable housing schemes. Different schemes use different criteria to decide who gets a place first. Some may give priority to families with children, and some schemes are only available to specific types of workers, such as nurses, teachers or police officers.

New Build HomeBuy eligiblity?

New Build HomeBuy is normally open to households earning less than £60,000 a year who would otherwise be unable to buy a home.

You may be eligible if you are either a:

  • First time buyer
  • Previous home owner who can't now afford to buy without help (perhaps because you have broken up with your partner)
  • Housing Association or council tenant
  • 'Key worker' (a key public sector worker, like a nurse or teacher)

HomeBuy Direct eligiblity?

HomeBuy Direct could help people who have previously owned properties but are now unable to buy without assistance, for example in the case of relationship breakdowns or families who are over-crowded in their existing homes. HomeBuy Direct is open to households earning less than £60,000 a year who would otherwise be unable to buy a home.

You may be eligible if you are either a:

  • First time buyer
  • Previous home owner who can't now afford to buy without help (perhaps because you have broken up with your partner)
  • Housing Association or council tenant
  • 'Key worker' (a key public sector worker, like a nurse or teacher

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See Also:   (7), (10), (3), (7), (7), (2), (15)

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