New Build HomeBuy Leaflet
What is New Build HomeBuy?
New Build HomeBuy formerly known as Shared Ownership is a Government funded scheme that makes home ownership available to first time buyers. The scheme enables first time buyers to purchase a share (usually 50% but some schemes have the benefit of higher and lower shares) in a new home and pay a discounted rent on the remaining share.
Priority will usually be given to council tenants, those who are tenants of a Registered Social Landlord or people who are registered on a Local Authority Housing waiting list.
Resales
Resales are properties which have already been purchased on a shared ownership basis and the shared owner wishes to sell their share.
How to apply for New Build HomeBuy
If you would like to proceed, contact you local HomeBuy agent on 0345 850 2050 or visit www.orbithomebuyagents.co.uk.