FAQ
What is a Homebuy Agent?
The Homebuy Agent is the government appointed agent to keep a
central register of those applying for low cost home ownership
schemes. You must register with the Homebuy Agent in order to
be eligible to apply for any HomeBuy schemes. When you have
registered, you will be given a registration number. You will
need this number to be considered for one of our part buy, part
rent schemes.
Do I have to be a key worker?
No. Key workers and local qualifying applicants have equal
access to affordable housing. Key workers do not have to be
resident in the borough, but must work within a reasonable
travelling distance.
How do you decide who gets a property?
We work within the rules set out by the government and by the
local authority. Every applicant has a financial assessment,
then allocations are made in strict order of priority. There
may be more than one 'round' of allocations as new applicants come
forward for available properties on a development. Once you
have been offered a property, the offer won't be withdrawn if
someone who is higher priority comes along later unless the
information you have given us about your cirmcumstances is
incorrect.
Who does the financial interviews?
All of our financial interviews are carried out by an
independent, qualified financial adviser. The interview is
designed to give you the information you need to know that you can
afford to live in your new home, as well as ensuring that we are
only selling to those who can afford the long term cost of living
in one of our properties.
Can I buy more shares if I part buy, part rent?
Yes - see our shared ownership booklet for more
information. You may buy more shares in your home until you
eventually own outright.