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OCTOBER 2020 - COMING SOON - NEW FOREST DISTRICT COUNCIL SHARED OWNERSHIP

As part of its commitment to delivering a range of new affordable housing including low cost home ownership, New Forest District Council will be developing new homes for shared ownership. If you would like to own your home but are unable to afford to buy on the open market shared ownership might be an option for you.

With shared ownership you buy a share in your home of between 25% & 75% depending on what you can afford. You then pay a capped rent to the Council on the remaining share. Buying a share means that you only need a deposit and mortgage for the share you are buying. Shared owners can then buy more shares in their home when they chose, in most cases being able to eventually purchase 100% of their home.

New Forest District Council will shortly be introducing its first shared ownership homes for sale.  These will be advertised on our website and with the Help to Buy Agent for the South.

If you are interested in finding out more about shared ownership further information can be found on our website  www.newforest.gov.uk/article/1134/Help-to-Buy-Shared-Ownership and Help to Buy for the South www.helptobuyagent3.org.uk

If you are interested in applying for a New Forest District Council shared ownership home when they become available it is important that you first register your interest with HelptoBuy. This can be done online at www.helptobuyagent3.org.uk

COVID 19 UPDATE   

Due to the current situation with Covid 19 we will continue to advertise and allocate vacancies.  We are not able to give you a timescale as to when the property will be ready to let.  If you are submitting an application please note that our local information offices are currently closed and we encourage applicants to send in proof documentation to us by email at housing.options@nfdc.gov.uk. Please take photos of documents or scan them if you have the facility to do so.

Please note that our response times will vary during this time