Affordable Housing

Rent to HomeBuy is a government initiative. It helps you into home ownership by allowing you to purchase an affordable share in your own home with the option to buy additional shares in the future taking you into outright ownership. Or you can rent at 80% market rent with a view to purchasing at any point within the next five years.

See Also:  Affordable Homes, Affordable Housing, Affordable New Homes, Affordable Property, Rent to HomeBuy, Try Before You Buy

Date Published: 17:07, 22 February 2010

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.

See Also:  Affordable, Affordable Homes, Affordable Housing, Affordable New Homes, Affordable Property, First Time Buyers, New Build HomeBuy, Shared Equity, Shared Ownership

Date Published: 10:27, 10 June 2009

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.

See Also:  Affordable, Affordable Homes, Affordable Housing, Affordable New Homes, Affordable Property, Eligibility, First Time Buyers

Date Published: 15:29, 22 May 2009