Social HomeBuy

What it is?

Social HomeBuy is a scheme designed to enable social housing tenants to buy their current home either outright or on shared ownership terms with the benefit of a discount.

Homes can be bought on a shared ownership basis with the minimum share of 25% or the property can be bought outright at the outset.

The maximum discount will vary between £9,000 and £16,000 depending on the location of the property. There is only one payment of discount, payable on the purchase of the initial share.

If the property is sold within five years the discount is repayable.

Not all Registered Social Landlord's (RSL's) are able to offer this scheme and it is limited to eligible tenants. East Midlands Housing is currently able to operate this scheme to some eligible existing tenants.

For further information please contact us

 

 

 

 

 

 

 

 

 

A mother holding up her daughter

More Information

There is further information about Social HomeBuy available in this PDF leaflet.

EMHomeBuy Booklet (2MB)

Application Form

To apply for the Social HomeBuy scheme please download this PDF application form.

Application Form (1.1MB)

Read our checklist to avoid delays with your application.

Application Checklist (11KB)

About PDFs

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More information about the PDF format can be found on the Adobe website.

'EMHomeBuy' is run by East Midlands Housing Group in our role as a HomeBuy Agent. East Midlands Housing has been awarded the HomeBuy Agent status by the HCA (Homes and Communitites Agency).