This is a shared-equity scheme that aims to help first-time buyers purchase a share in a new home. They must purchase at least half of the property, and English Partnerships will retain the rest. After three years, the homeowner pays a charge to English Partnerships based on a percentage of the equity they don’t own.
Am I eligible?
The scheme is open to key public sector workers, such as nurses, teachers and police officers, as well as ‘priority’ groups identified by Regional Housing Boards.
There are some restrictions to eligibility. To find out more contact your HomeBuy Agent.
previous next