Help with buying
If you want to buy a property we could give you a helping hand.
You can choose from a number of specially designed buying schemes.
Some let you buy a portion of the property and pay a low rent on
the rest, while others offer an interest-free loan - so there’s
bound to be a scheme that suits you.
Take a look at the different ways we can help you. Or, if you’d
like to talk through your options, call us today on 0800
432 0043.
Jump to:
Shared Ownership
HomeBuy Direct
Try Before You Buy
Rent to HomeBuy
Home Exchange
Assisted Move
100% Mortgages
Shared Ownership
Buy your home one
step at a time
Shared Ownership (also known as New
Build HomeBuy) means you can start to buy your home now, even if
you can’t afford it all in one go.
You simply buy a share in your home, anything from 25 per cent to
75 per cent, and pay a modest rent on the remaining share. This
allows you to choose a mortgage amount that is affordable to you
and, when your financial circumstances change, you can increase
your share until you own your home outright. Search our homes for
sale to find out what’s available for Shared Ownership in
your area.
This scheme is available to those who have a household income of
less than £60,000 year.
Properties in Scotland operate under a different Shared
Ownership Scheme where you can buy a 25% to 75% share in your home.
Go to Homes in
Scotland to see what’s available.
HomeBuy Direct
We’ll lend you
money to get you on the ladder
HomeBuy Direct is a new shared equity scheme that makes buying
easier. We offer buyers an equity loan of up to 30% of the price of
a new property, so you can buy a home with a smaller
mortgage.
You only need to find funding for 70% of the property’s price – and
you can do that by using any savings you have plus a mortgage. Even
better, there’s no interest payments on the equity loan for the
first five years.
This product is only available to those who have a household income
of less than £60,000 per year. To find out more, download the
HomeBuy Direct
brochure.
Properties in Scotland operate under a different Shared Equity
Scheme where the Scottish Government provides equity funding of up
to 40% of the property’s value and you fund the rest of the
purchase with a mortgage and/or your savings. Go to Homes in Scotland to find out more.
Try Before You Buy
Giving you time
to decide to buy
Try Before You Buy is such a good opportunity for lots of people
who are unsure whether to buy right now. You can move into one of
our brand new homes, without a deposit or even a mortgage. You
simply choose one of our homes and pay rent on it until you decide
to buy.
Once you’ve settled in, if you choose to buy your home then you’ll
get up to your first year’s rent towards the deposit and we will
contribute towards your legal costs. So you can move into a
beautiful new home straightaway, decide whether you like the
property and the area, and use the rent you have paid towards a
deposit.
And that’s not all. As part of this deal we will provide carpets
and curtains, so all you need is the first month’s rent and another
month’s rent as a bond. To find out more, download the
Try Before You
Buy brochure.
Rent to HomeBuy
Rent for less and
save for a deposit
Rent to HomeBuy lets you move into one of our homes and pay rent at
a reduced rate - 80% of the market rent - for up to three years.
This will help you save for a deposit so that you can buy a share
in your home, anything from 25 per cent to 75 per cent. And, like
our Shared Ownership product, you can gradually increase your share
until you own your home outright.
This product is available to those who have a household income of
less than £60,000 per year, and do not own another property. To
find out more, download the Rent to HomeBuy
brochure.
Home Exchange
The
easy way to swap your home
Swap your home for one of ours with no fuss, no hassle and no
chain. If you want to downsize into one of our properties, and
perhaps release some of the equity tied up in your current home,
you can easily achieve this with our Home Exchange service. Or, if
you want to move into a larger home, you can do that too.
You simply choose one of our homes and we will buy your current
property. No waiting until you have found a buyer, paying estate
agent or legal fees, plus you can move in straightaway. To find out
more, download the Home Exchange
brochure.
Assisted Move
Help
with moving fees
If you are a homeowner looking to sell your existing property and
buy one of ours we may be able to give you extra assistance. We can
contribute to your estate agent fees when you are selling your home
and help towards the cost of your Home Information Pack. To find
out more about Assisted Move call 0800 432
0043.
100% mortgages on selected
sites
Buy with no deposit
We have launched an exclusive 100% mortgage that allows you to buy
a property without having to save for a deposit. The scheme is
available at some of our newest developments around the
country.
This innovative offer is possible because we actually provide the
mortgage ourselves. So you can borrow 100% of the property’s value,
providing we deem the mortgage repayments affordable to you.
Or we offer another option that could enable you to afford a more
expensive home than you thought possible. Combine our mortgage with
a 30% equity loan to boost your buying potential.
For example, if we were to calculate that you can borrow £140,000
on your mortgage, you could also take an equity loan of £60,000 and
be able to afford a property of up to £200,000.
What’s more, if you decide to sell after three years and the value
of your home has gone down, we will buy it back at the price you
paid for it.
To find our more, download our mortgages brochure and our
equity loans brochure.
Mortgages are subject to status and to you satisfying our
affordability criteria. They are available on a selected number of
our properties. Legal costs and other fees will be payable. Under
the buyback guarantee we offer to buy your property from you, at
any time in the first three years after you buy it, at the same
price you paid for it. The buyback offer is subject to you keeping
the property in good condition and being up to date with your
mortgage repayments.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP YOUR
REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON
IT.