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Social HomeBuy

New Build HomeBuy Open Market Homebuy Social Homebuy First Time Buyer London Wide

Social HomeBuy is a scheme which allows public sector tenants to purchase a stake in their own home. The scheme allows those who cannot afford to buy outright the opportunity to buy a share in the property. This share can be increased at a future date/s until outright ownership is achieved. The scheme offers an incentive which allows for a discount to be made available on the initial share purchased.

Eligibility criteria are set on a local level by the landlord. It is not a statutory scheme and not all landlords will offer this assistance.

 


YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
There will be a separate fee for mortgage advice. The precise amount will depend on your circumstances, we estimate that the fee will be 0.46% of the amount borrowed. Please note that clients introduced through housing associations may not have to pay a client fee: however we will receive commission from the mortgage lender. The precise amount will depend upon your cirumstances.

SPF Sherwins is a trading style of Savills Private Finance Limited, which is authorised and regulated by the Financial Services Authority. FSA does not regulate buy to let or commercial mortgages or taxation advice. Approved and issued by Savills Private Finance Limited, 25 Finsbury Circus, London EC2M 7EE. Date Issued January 2007.

Savills Private Finance Limited is a subsidiary of Savills plc. Registered in England No. 3680970. Registered Office: 20 Grosvenor Hill, London, W1K 3HQ

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