Affordable Homes at What House?
The idea of buying a brand new home appeals to most people in Britain, but many first time buyers simply cannot afford to get on the housing ladder.
Despite the fall in property prices in light of the global financial crisis, following a decade of strong capital growth, many potential buyers are unable to raise the often large deposits required to secure a new home.
The solution may be found in a variety of shared schemes subsidised by the Government, housing associations and private housebuilders.
Finding out if you are eligible for any of the schemes is a tricky business, which we at What House? aim to simplify. We can help you find a new house, with our extensive new build homes listings, as well as offer independent, editorial advice on how to buy an affordable home.
Housing associations are not-for-profit developers and landlords, part-funded by the government to offer subsidised housing for people on low incomes, or those who cannot afford the full costs of buying a new home, although schemes are open to buyers with incomes up to £60,000 a year.
Schemes include:
HomeBuy Direct – loans to help buy a new build home on selected developments.
New Build HomeBuy – brand new homes for sale on a part buy/part rent basis.
Rent to HomeBuy – Option to rent for set period before buying a share of your home.
Social HomeBuy – Option for housing association or local authority tenants to buy a share of their rented home.
We will guide you through the maze of options.
For many people these schemes offer the best chance to buy at least a share of your own home. What House? is the perfect new home guide for helping you purchase your affordable home.
What House? offers daily news, features and expert advice from housing and mortgage specialists.
So whatever new home builds you may be interested in, whether they are new development flats or new house developments, view our easy search selection of new homes for sale - affordable and accessible to you.
Start looking for that dream property at an affordable price today.