Affordable Homes & Housing Association Houses

Affordable new homes are a very popular option for homebuyers in today’s economic climate. There are a number of affordable new homes schemes on the market which allow people who would otherwise be unable to buy a property to enjoy all the benefits of living in a brand new home for a price that fits their means.

Many housing associations and housebuilders around the country offer a range of affordable new homes and there are several distinct types of affordable homes schemes for you to consider, depending on your circumstances and ambitions.

The Government introduced its HomeBuy initiative in September 2008 to help fund different types of affordable homes schemes and many housing associations, property developers and housebuilding companies now offer their own schemes in order to attract buyers struggling to get on the property ladder with a conventional purchase.

There are often qualifying criteria to ensure that the funding goes to those who most need it, for example key workers, those on a low income, first time buyers and those who have been ‘priced out’ of entering the property market in their local area.

These are the basic types of affordable home ownership. Click on each one to find out what it entails:

• Shared equity (including HomeBuy Direct and FirstBuy)
• Shared Ownership
• Part-rent/part-buy (shared ownership)
• Intermediate rent / rent-to-HomeBuy
• Social HomeBuy

For many people these schemes offer the best chance to buy at least a share of your own home. What House? is the perfect new home guide for helping you purchase your affordable home.

What House? offers daily news, features and expert homes advice from housing and mortgage specialists.

So whatever new home builds you may be interested in, whether they are new development flats or new house developments, view our easy search selection of new homes for sale - affordable and accessible to you.

Start looking for that dream property at an affordable price today.