Home ownership schemes
Find out about affordable new home ownership schemes
You may be able to get financial help from the government to buy a home.
Shared ownership (part rent, part buy) homes are sometimes advertised with local estate agent and property and housing association websites. Local housing associations with shared ownership homes in Rutland include:
The for-profit registered provider Sage Homes also provides shared ownership housing..
There may be different eligibility rules and conditions for different schemes.
First Homes scheme
If you’re a first-time buyer, you may be able buy a home for 30% less than its market value through the ‘First Homes’ scheme.
The home can be a:
- new home designated as a First Home and built by a developer
- home you buy from someone who originally bought it as part of the scheme
There are both local and national criteria you must meet to be eligible for this scheme.
The 'Income Cap (Local)' is at paragraph 2.6 of the local criteria.
The 'First Homes Key Worker Criteria' and 'First Homes Local Connection Criteria' are at paragraphs 2.8 and 2.9 of the local criteria.
Home ownership schemes - text 2
Armed forces housing advice
If you work for the armed forces, you can find information on you civilian housing options on GOV.UK.