Are you looking to own a property but are not able to get onto the property ladders? We are looking for expressions of interest in the following two schemes to produce a mailing list when these housign options become avialable in the Borough.
This scheme supports the purchase of a home for those who do not have sufficient funds for a mortgage deposit. It enables tenants of rental properties within the scheme, to build up a lump sum toward a deposit whilst they rent their home. The lump sum toward the deposit can then be used to help secure a mortgage to enable the purchase of the home.
With Rent to Own
The rent to own agreement lasts up to 5 years, you can apply to buy your home at anytime between the end of the 2nd year and the end of the agreement.
Mor informaiton on this scheme can be found here
This provides support to those wanting to buy a home but cannot quite afford the purchase of 100% of the home at the full market value.
Further information on shared ownership can be found here
If you would like to register your interest in either of these schemes please click to download the form