A new scheme to support first time buyers into affordable home ownership by renting first and buying later.
Under the scheme, eligible households earning £60,000 a year or less will be able to able to rent a new home at specific new build developments, provided through housing associations. The rent will be payable at a discounted rate for a period of two to three years. You will have the option to buy a part share in the home.

The affordable rent, which will be 80% of the market rent or less, will enable the household to save for a deposit to buy a share in the home.

This is a new pilot scheme. Further details of available properties on the scheme will feature on our website shortly.

Your home is at risk if you do not keep up rent and mortgage repayments or payments on other loans secured on it.
Please note the value of properties can go down as well as up.