The HomeBuy Scheme

HomeBuy logo HomeBuy enables social tenants, key workers and other first time buyers to buy a share of a home and get a first step on the housing ladder.

There are three HomeBuy products based on equity sharing to offer people a choice in the type of home they can buy.

This section gives details for each of the products, provides answers to the most common questions about the scheme and lists contact details for the HomeBuy agents who provide a contact point for affordable housing options in different areas of England.

From 1 April 2008, two new equity loans became available under the Government's shared equity Open Market HomeBuy scheme. The new loans - MyChoice HomeBuy and Ownhome - will improve affordability for purchasers and provide more choice in the mortgage which purchasers can take out. For more information read News Release -Budget will help first-time buyers with new home loans.