Our policy states that of the affordable housing provision on
each new development, 80% of the homes are to be for social rent
and 20% intermediate tenures.
Intermediate tenure can be available in a number of forms which
include rent and purchase options.
The three main schemes under the Governments
HomeBuy initiative are:
-New Build HomeBuy
-HomeBuy Direct
-Rent to HomeBuy
You may be eligible for one of the above schemes if you are
either a:
-first time buyer
-previous home owner who cannot now afford to buy without help
(perhaps because you have broken up with your partner)
-housing association or council tenant
-'key worker' (a key public sector worker like a nurse or
teacher)
Further details about the HomeBuy schemes and eligibility
criteria can be found by following the link to the directgov
website in the box in the top right hand corner of this
page.