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Overview

Social Homebuy is a way social housing residents can buy all or a share in their existing home

The government has introduced a new way for housing assocation tenants to buy their existing home.

Social Homebuy allows social housing residents whose landlords are part of the scheme to buy their existing home, or a share in it, with a discount of up to £16,000.

The Housing Corporation have given us approval to offer this scheme. We have decided to offer this to tenants in homes that have two-bedrooms or fewer as larger homes for rent are in such short supply.

All the revenue we make from the sales will go towards buying or developing more homes. We would like to buy homes with three or more bedrooms to help some of our residents who are currently overcrowded.

For more information about our low-cost home ownership options, see our Home ownership section.

 

 

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