Home ownership help for private tenants

The housing corporation part funds two schemes that aim to help people on lower incomes to become homeowners, by assisting them to buy properties on the open market. These schemes are:

• the shared ownership scheme, and
• the homebuy scheme (see below).

The homebuy scheme

This scheme helps tenants of registered social landlords and local authorities buy a home on the open market.

Through the homebuy scheme, you can get an interest-free loan to cover a quarter of the property's price.

Contact us & further information

For more information about the homebuy scheme, contact:

The Private Housing Improvement Team

Mulberry Place [AH]
PO Box 55739
5 Clove Crescent
London
E14 1BY

Tel: 020 7364 2531 between 9am – 5pm Monday to Friday except Public and Bank Holidays
E-mail: privatesector@towerhamlets.gov.uk

The housing corporation also administers two schemes to help tenants of registered social landlords (housing associations) purchase the homes they currently live in. These schemes are known as ‘the right to acquire and voluntary purchase’.

To find out more about these schemes, contact the housing corporation:

Tel: 0845 230 7000
E-mail: enquiries@housingcorp.gsx.gov.uk
website: www.housingcorp.gov.uk/yourhome.htm

Pid No: 715