Shared Ownership
Detailed below are all types of Homebuy scheme i.e. Shared Ownership, available which can help you purchase a property. Whether your a first time buyer, second time buyer or a renting a council property you wish to buy.
Below are some useful articles on Shared Ownership …
Articles in this category
The First Time Buyer Initiative
The First Time Buyer Initiative is a low cost home ownership scheme provided by English Partnership and offered through HomeBuy Agents.
This scheme is part of the government’s HomeBuy programme to help first time buyers get a foot on the property ladder.
The Key Worker Living programme aims to help certain public sector employees in certain areas of England i.e. London, South East and East, to purchase or rent a home.
This is a scheme operated by a housing association and is available to someone who is an existing social housing tenant, who has priority housing needs or is a key worker, i.e. a police officer or teacher.
Open market HomeBuy - My Choice HomeBuy
My Choice HomeBuy is a government/housing association funded home ownership scheme designed to help eligible first time buyers to get a foot on the property ladder.
The Social HomeBuy scheme allows eligible participants to buy the property they are renting, either outright or on shared ownership terms with the benefit of a discount
The Right to Acquire was first introduced by the Housing Act 1996 and implemented on the 1st April 1997. This scheme gives eligible housing association tenants the legal right to buy their home.
The Right to Buy scheme gives council and local authority tenants the “Right to Buy” their council property, at a discounted price.
Ownhome is a new housing scheme that came into force from the 1st April 2008 to help eligible first time buyers get a foot on the property ladder.
