Affordable Home ownership schemes

Help to Buy: Equity loan

You can get an equity loan towards the cost of buying a new-build home as a first-time buyer. Further information can be found on the website


Shared Ownership

When you buy a home through a shared ownership scheme you buy a share of the property and pay rent on the rest.

The share you can buy is usually between 25% and 75%. You can buy a 10% share on some homes.

Further information can be found on the website


First Homes

First Homes is a new scheme designed to help local first-time buyers and key workers onto the property ladder, by offering homes at a discount of at least 30% compared to the market price.

Applicants must be earning less than £80,000 per year (£90,000 in London). Mortgage to cover at least 50% of purchase price. Councils can apply additional criteria such as local connection or key worker.

Deposit required is a minimum of 5% of the discounted purchase price. Dependent on the property and on mortgage eligibility from participating mortgage lenders.

Further information can be found on the website


Home Ownership for People with Long-Term Disabilities (HOLD)

HOLD is a specially tailored option to assist people with long-term disabilities to purchase a share in a property. It is offered by a small number of housing associations, with limited availability.


Older People’s Shared Ownership (OPSO)

If you're aged 55 or over, the OPSO scheme could help you own up to 75% of any home that’s for sale on a shared ownership basis (part-rent/part-buy).


Help to Buy ISA

You can no longer open a Help to Buy ISA. You can still open a Lifetime ISA to save for a first home.

Contact the Help to Buy Agent for this region for further information on all available Help to Buy schemes 


Government schemes

There are a range of government schemes available to make buying a home more affordable including the ones listed above. Visit the Government schemes website for further information.