What properties can I buy under the HomeBuy Scheme

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What properties can I buy under the HomeBuy Scheme?

Depending on the HomeBuy scheme you choose, you will have restrictions on what type of housing you can purchase. With the open market HomeBuy, you can buy any home on the open market so long as the housing association you are buying it with agrees to it. However there are some conditions that the home will need to meet and this will change from institute to institute.With the New Build HomeBuy you will be able to buy newly built homes offered by housing association throughout England. Terms may differ from housing association to housing association. Social homebuy allows you to buy houses owned by social landlords, there are certain restrictions and not all association are participating in the scheme.

Home Buy Scheme Mortgages Frequently Asked Questions

What are the typesof HBS schemes?	I am a key worker, what is available ?
If I sell will I have to pay back the incentive?	Why get a Open Market HBS?
How do I find a mortgage for a HBS?	Why get a New Build HBS?
What properties can I buy ?	Will I have any upfront costs ?
Who owns the home, under the HBS?	Is there any priority list for the HBS?

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