HomeBuy
HomeBuy is a government scheme to help make home ownership in Yorkshire more
affordable.
The scheme has four different options:
Newbuild HomeBuy (shared ownership) – where you buy part of a new property and rent the rest
from a registered social landlord.
HomeBuy Direct - where you buy at least 70% of a home on a designated private developer site and
receive an equity laon for the remaining %. The loan id free for 5 years, after
this period there is an affordable fee on the amount of the laon. You will usually
need a deposit of at least 5%.
Shared ownership re-sales - 2nd hand properties offered for sale on a shared ownership basis.
Intermediate rent (rent to HomeBuy) - where you rent a property at 20% less than you would on the open market. This gives
you the opportunity to save for a deposit, so that you are able to buy a property
in the future.
.
- A guide on how to buy a home
- a property search: which homes are available in what areas
- eligibility criteria: do you qualify?
- an online application form
- answers to frequently asked questions
HomeBuy in West and North Yorkshire and Humberside is operated by my4walls. My4walls
runs a one-stop shop for information and applications for low cost home ownership
schemes on behalf of the
Homes and Communities Agency and as part of
Yorkshire Housing Group, the largest provider of social housing in the county.
