Housing

The HomeBuy Scheme

Homebuy logoHomeBuy enables social tenants, key workers and 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 and provides answers to the most common questions about the scheme. The Homes and Communities Agency website gives details of the HomeBuy agents (external link) who provide a contact point for affordable housing options in different areas of England.

On 1 April 2008, two new equity loans became available under the Government's shared equity Open Market HomeBuy scheme. The new loans - MyChoiceHomeBuy and Ownhome - will improve affordability for purchasers and provide more choice in the mortgage which purchasers can take out.

  The Government is offering real help for those at risk of repossession.  A new campaign launched on Friday 20 February 2009 to ensure that people are aware of the help available and how to get it at the earliest opportunity. Visit www.direct.gov.uk/mortgagehelp today.

In this section

Archived content

  • HomeBuy - expanding the opportunity to own
  • My favourites