How you can benefit from our building programme

Housing for all

There are a number of ways you can benefit depending on your circumstances.

Purchasing a home for less

Shared ownership allows people to get on the property ladder with a much smaller deposit. Part of the property is purchased, typically starting at 25%, with rent paid on the remainder. Your stake in the property can increase over time.

For example, if you were purchasing a one-bedroom flat, typically priced at £400,000, you would ordinarily need to pay a £40,000 deposit. With Shared Ownership you could pay £100,000 to purchase a 25% stake in the property, with just a £10,000 deposit needed.

Renting a home for less

Intermediate rent offers people the opportunity to rent a home at less than the market rate. The rent is subsidised, normally at around 20% lower than what you would expect to pay if you were renting on the private market.

Intermediate rent gives people the chance to save for a deposit to purchase a home within 5 years.

Find out more about shared ownership and intermediate rent.

Moving to a home that is more suitable

Building more homes means that we can help council tenants move to a property that is better suited to their needs while staying within their existing communities. For older people this often involves downsizing to a home that is easier to manage and more economical to run.

Other housing options

We can help our existing tenants either purchase all or part their home or another property through Right to Buy or a House Purchase Grant.