Social HomeBuy

Social HomeBuy is one route to home ownership.

With the Social HomeBuy scheme you buy a share in your home (shared ownership) of at least 25 per cent. Once you own a share of your home you will become a leaseholder.

As part of the scheme you are expected to pay a subsidised rent on the share that we own. You benefit from any increase in the value of your share and can always buy more shares later on - this is called staircasing.

It is worth considering Social Homebuy where you can't afford to buy your home outright.