Social HomeBuy

This scheme provides new opportunities for Thames Valley housing association tenants to buy a share in their rented home.

Tenants can purchase a minimum initial share of 25 per cent of the home. The remaining unowned equity will be retained by your landlord. Your landlord will then charge you an affordable rent on this unowned equity. The target average for the charge is 2.75%.

Buyers will receive a discount on the initial share purchase. This will be the Right to Acquire discount (generally between £9,000 and £16,000 - depending upon the local authority area in which the property is located), pro-rata to the share purchased.

Please contact Thames Valley Housing if you are a current tenant with us.

 

To Apply/Register Click Here

Article Date: 31/03/2008