Applicant Rules

Applicant Rules

General HomeBuy Rules

It is sometimes the case that only people with local connections including working and living requirements and family needs, have access to homes provided by the local authority area within which the properties are located.

The majority of HomeBuy properties are reserved for first time buyers, despite this there are some restrictions and requirements on the property to make it specifically available to qualifying key workers.

Furthermore the Social HomeBuy scheme is only on offer to current members of local authority and housing association schemes.

Specific eligibility information is usually set out within the property marketing information packs attained from local authorities.

What to do if you want to apply?

Primarily, a person should contact their local housing authority or their local HomeBuy Agency, both of these work in conjunction with local authorities, their aim is to provide financially affordable HomeBuy schemes to people in need of housing who would not be able to do it alone.

The local HomeBuy Agent will evaluate your application and advise you of all the HomeBuy options for which you may be eligible.

Applicants must demonstrate that they can sustain home ownership. Applicants will not qualify for the Low Cost Housing Ownership schemes if any of the below applies:

  • If the applicant has very bad credit history.
  • If the applicant has had rent arrears at any point in the 12 months previous to applying or if they are in breach of their current tenancy agreement.
  • If the applicant is in receipt of any housing benefits or they are receiving housing benefits.
  • If the applicant is a key worker but their permanent employment is terminated from their qualifying profession before the purchase has been completed.

Note: For a free no obligation chat with an independant mortgage specialist about your requirements please complete our First time buyer mortgage enquiry form below.

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