HomeBuy will help you get your first foot on the property ladder. If you are interested and wish to apply you should firstly contact your Local HomeBuy Agent, Moat Housing or East London Housing Options in the area where you wish to live. Your HomeBuy Agent will assess your application and advise you of all the HomeBuy options for which you may be eligible.
The maximum income allowed is £60,000* per annum (single or joint). You will need to have access to (or savings) an amount of money to cover the initial costs of buying a home plus it is essential you have a deposit. This amount varies by Local HomeBuy Agent and by the purchase price or share of the home.
To help assess if you are eligible please read the statements below, this is for guidance purposes only to give a quick idea of eligibility:
* Please note that Swan Housing is a registered charity and therefore our income thresholds vary to the amount mentioned above. Our status requires a maximum household income of £52,000 in London Boroughs and £38,000 in Essex.
The maximum income allowed is £60,000* per annum (single or joint). You will need to have access to (or savings) an amount of money to cover the initial costs of buying a home plus it is essential you have a deposit. This amount varies by Local HomeBuy Agent and by the purchase price or share of the home.
To help assess if you are eligible please read the statements below, this is for guidance purposes only to give a quick idea of eligibility:
- You cannot afford to currently buy a home suitable for your housing needs within a reasonable travelling distance of your work place, without assistance.
- You are a British or EU/EEA citizen or have indefinite leave to remain in the UK (Customers without indefinite leave to remain who are interested in buying a home, must be able to demonstrate that they are able to raise a mortgage with an acceptable lender and that they can afford to sustain home ownership in the longer term)
- You have savings or access to at least £1,800 to cover the cost of buying a home, this amount is a guideline figure and will vary depending on the HomeBuy product you are pursuing.
- You are employed on a permanent contract of employment or be able to demonstrate that you can afford to sustain the costs of home ownership
- You must have a good credit history.
- You must have a sufficient deposit to buy the home you require and obtain a mortgage for your share of the property you are looking to purchase
* Please note that Swan Housing is a registered charity and therefore our income thresholds vary to the amount mentioned above. Our status requires a maximum household income of £52,000 in London Boroughs and £38,000 in Essex.