Properties for Sale
New Build Homebuy
Impact Housing Association currently has properties available for sale on a New Build Homebuy basis in Allerdale and South Lakeland.
Also know as Shared Ownership, this scheme has been introduced by the Government to enable people that can’t afford a property on the open market to get a foot on the property ladder.
The scheme allows you to purchase a share in a property, which is funded by way of a mortgage; the remaining share that you do not own is rented from the Housing Association. Gradually, as you can afford it, you can buy further shares in the property, until in some instances, you own your home outright
The scheme is intended for people who cannot afford to buy a suitable home in any other way. They must be in housing need and be unable to afford an outright purchase.
Although you won’t have bought the property outright, you will have the normal rights and responsibilities of a full owner-occupier under the terms of your shared ownership lease.
Please follow the link below for further guidance on New Build Homebuy
http://www.housingcorp.gov.uk/server/show/nav.550
If you are interested in either of the two schemes that we currently have available please contact Affordable Homes Cumbria on 0800 358 1400 or visit www.affordable-homes.co.uk
Check out our current developments via the Housing Links on the top left of this page!