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Homebuy Schemes

Here are some of the schemes that are currently available.

Homebuy Direct

An arrangement where deposit is covered via a loan of up to 30% of the purchase price. This loan is interest free for five years.

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First Time Buyers Initiative

The First Time Buyers Initiative aims to give more people the opportunity to own their own homes by increasing the supply of affordable housing for sale.

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Key Worker Living

The Key Worker Living scheme is helping certain public sector employees in London, the South East and East of England to buy a home, upgrade to a family home or rent a home at an affordable price.

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MoD Homebuy

The expansion of the Homebuy Scheme to MoD personnel announced in September 2009.

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New Build Homebuy

An arrangement that allows you to buy part and rent part of a newly build property.

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Open Market Homebuy

Open Market HomeBuy is a government-backed product that aims to help certain groups of people who cannot afford to buy a home on the open market without assistance.

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Shared Ownership (now known as New Build Homebuy)

Shared Ownership is an arrangement that allows you to buy part and rent part of a newly build property.

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Social Homebuy

Social HomeBuy allows social housing tenants to buy their current home either outright or on shared ownership terms with the benefit of a discount.

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Right to Aquire

The Right to Acquire is a scheme giving eligible tenants of registered social landlords the legal right to buy the home they currently rent.

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