AFFORDABLE HOUSING: OTHER SCHEMES
If you are an existing social housing tenant we can help you arrange a mortgage on one of the following schemes which you may be offered:
Social HomeBuy:
This is where you are given a discount off the market value of your home (typically £16,000) and permitted to buy as much of the property as you can afford. i.e. you can buy 100% of the property or if you cannot afford it you can buy a 25% share initially (on a standard Shared Ownership lease) and then buy more shares in the future (staircase) if/when your circumstances allow.
Right to Buy:
The Right to Buy scheme helps eligible council and housing association tenants in England to buy their home with a discount of up to £104,900 (£78,600 outside London). The big advantage of Right to Buy is that we can use your discount as your deposit so you may not need to put in any additional savings to get a mortgage!

Click here for more information and to check if you are eligible:
righttobuy.gov.uk
Right to Acquire:
Right to Acquire allows most housing association tenants to buy their home at a discount. You can apply to buy your housing association home if you’ve had a public sector landlord for 3 years.

These landlords include:
Housing associations
Councils
The armed services
NHS trusts and foundation trust

For more information click here:
www.gov.uk/right-to-acquire-buying-housing-association-home