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Before you buy a home through HomesHub, we will assess your application to determine whether you are eligible for the scheme, and whether you can afford it. Apply now to see if you can buy a home through HomesHub.
Am I Eligible?
To be eligible for a New Build or Open Market Homebuy property, buyers must demonstrate that they cannot afford to buy the property outright.
The North West Regional Housing Board outlines those who should be eligible for assistance. Some eligible applicants will receive greater priority than others, depending on the buyers circumstances.
Broadly speaking, eligible appliants usually fall into one of the following groups: (in order of priority)
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A tenant or home owner living in a proposed clearance area |
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Local Authority nominations |
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Tenants of a Registered Social Landlord who vacate their property upon completion |
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First Time Buyers |
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Those living in rented accommdation, hostel, B&B or with family and friends. |
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The elderly who require accommodation suitable for their needs but cannot afford to buy an alternative property without assistance. |
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A joint owner needing to move due to a relationship breakdown |
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A home owner needing to move after being widowed |
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A home owner needing to move due to social or medical reasons or overcrowding |
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A home owner needing to move because they cannot meet their current housing costs. |
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A shared ownership leaseholder requiring larger accommodation. |
HomesHub will also undertake an affordability assessment, which takes into account your earnings and your debts to determine whether home ownership is a viable option for you.
If you fall into any of the categories above and are interested in purchasing a property through a Low Cost Home Ownership scheme, apply online now!
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