HomeBuy Direct is a new shared equity product designed to help First Time Buyers and other eligible groups into affordable home ownership by purchasing a brand new property from a builder / developer. Properties will become available on designated schemes put forward by the builder / developer.
An equity loan of up to 30% of the home’s market value will be offered to eligible applicants and is co-funded by the Government and the developer.
The equity loan is interest free for the first five years.
Available schemes / properties will be advertised on this web site.
HomeBuy Direct Developers