Shared-ownership options

If you cannot afford to buy a home of your own, buying a shared-ownership property - now called HomeBuy - may be the best way to get a foot on the housing ladder. Many housing associations have shared-ownership options where you buy a share in your home and pay rent on the remaining share. You will also be able to buy a greater share (up to the full 100% share) in your home when you can afford to do so. This can be cheaper than paying for a mortgage on the full value of the property.

Shared ownership is just one of the home-ownership options available. There are also key-worker schemes and loan options.

To find out more, and whether you would qualify for one of the schemes, you should contact Homes in Hants. Homes in Hants are the agent for Hampshire and the Isle of Wight. If you are interested in a shared-ownership property, they will register your interest and tell you if you are eligible for a property.

Website: www.homesinhants.org.uk

Tel: 023 8062 8004