New Build HomeBuy enables people who cannot afford to buy a home
outright to puchase a share in a new
home.
The properties will be built with the aid of a public subsidy or
grant from the Housing Corporation. This could be through a number
of different developers or housing associations and not just on
properties built by us.
Details of specific schemes will be published as schemes are built
however applicants may register their interest at any time.
Suitable 'nominees' will then be forwarded to the organisation
building the properties at the appropriate time.
Download an application form
Who is eligible for the scheme?
People who are not able to afford to buy a suitable home in an area
where they live or work without assistance and are:
- a Local Authority or Registered Social Landlord (Housing
Association) tenant
- registered on a Local Authority housing list for
accommodation
- a keyworker
- a first time buyer
- a worker contributing to the local economy in areas where house
price to earnings ratio is above 4:1 (everywhere in North Yorkshire
& Humberside except for Hull)
- a restructuring household i.e. created after divorce or
separation
- a homeowner displaced by a clearance scheme
- someone wanting to live in a specific area where mixed tenure
is being introduced
Please contact us if you are unsure whether you are
eligible.
How much can I own?
Through the scheme you will be able to buy an initial share of
between 25% and 75% of the property. You will pay a rent on the
remaining share you do not own. The higher the share you purchase
the less rent you will pay.
Purchasers will have a full repairing lease and will be fully
responsible for all maintenance charges and outgoings. The option
to staircase (buying further shares) will be available on some
developments.
New Build HomeBuy Developments
Craven District Council
No schemes available at present
East Riding of Yorkshire Council
Hambleton District Council
Harrogate Borough Council
Kingston Upon Hull City Council
-
Preston
Road Estate, Hull - 4 x 3 bedroom houses, 5 x 2 bedroom
bungalows
- West Hull Phase - Coming soon: 2 x 2 bedroom houses, 6 x 3
bedroom houses & 2 x 4 bedroom houses
North Lincolnshire Council
North East Lincolnshire Council
Richmondshire District Council
Ryedale District Council
Selby District Council
City of York Council
No schemes available at present
Other developments available out of our zone
For further information, please consult
the
New Build HomeBuy Booklet (PDF). Alternatively, contact us on
0800 633 56 70 or
homebuy@jrf.org.uk
Download an application form