New Build HomeBuy
What is New Build HomeBuy?
New Build HomeBuy (often referred to as shared ownership or part-buy, part-rent) is a government funded scheme designed to help you get onto the property ladder.
New Build HomeBuy acts as a stepping-stone between renting and home ownership. You buy a share of a newly built or resale home (normally via a mortgage) and pay a below market rent to us on the share that you don’t own.
A monthly buildings insurance, and in some cases, a monthly service charge will also be payable. For example, you may purchase a 50% share of the property and will then pay a rent on the remaining 50% still owned by us.
When you can afford to do so, and in most cases, you may purchase additional shares and eventually own the property outright.
The flexibility of the scheme enables a wide range of people to buy a home, including:
- first time buyers
- families needing accommodation
- people who are starting over (i.e.) following a relationship breakdown
- older people looking to downsize
For more information, just click on the following items to view:
What do we build?
How does the scheme work?
Who can apply?
Basic Eligibility
What are the Costs?
What are My Responsibilities?
Selling or Buying More Shares?
HomeBuy Agents
How do I Apply?
What Happens After I Apply?
How to apply
For New Build HomeBuy (shared ownership / part-buy, part-rent) queries or an application pack contact us on
01525 844460
Or you can also download an:
Do you need the information in this document in a different format?

Please contact us on 01525 840505 to discuss your specific requirements.



