What is Low Cost Home Ownership?
If you are considering buying your own home but cannot afford to do so outright, either because you cannot afford the full mortgage repayments or the deposit or both, then low cost home ownership may be an option for you.
Some schemes may offer you the opportunity to purchase a share in a property, with the option of buying more shares later on. Other schemes will provide you with a loan to enable you to purchase a property of your own choosing. The various different schemes are described on the New Futures website at www.homebuysouthwest.co.uk and further information can be obtained by calling their free phone advice line: 0800 073 1315 .
How can I find out more about Low Cost Home Ownership?
Click on the link below to find out more about the HomeBuy scheme, including guidance notes on how to apply.
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Home Buy Brochure - 20/03/2008 : 493Kb