Buy a Home
We have two ways our THCH tenants might be able to buy their homes: either through the Right to Buy scheme or the Right to Acquire.
Not every property we own is available to buy – some like our over 60s homes are excluded from both schemes.
Find out if you can purchase your home under either of our schemes by speaking to your housing officer.
For more information and application forms, please follow the links:
What is Shared Ownership?
If you need to buy a new home but cannot afford to buy one outright, shared ownership is for you. Also known as ‘part buy/part rent’, shared ownership means you buy a share of a home – usually through a mortgage – while paying rent on the share you don’t own.
How does it help you?
The total cost you pay will be lower than the cost of a mortgage to buy 100% of the same home. This is because shared ownership is supported by government money that effectively subsidises the rent making it cheaper.
In most cases you can buy extra shares over time until you own 100% of your home – this is called ‘stair casing’.
Need to know more about homes available through shared ownership?
Many housing associations provide low-cost shared ownership.
For more details look on the First Steps to Home Ownership.