Property related photograph
    More details about Picket Twenty, Andover, Hampshire

    For Sale 3 bedroom house
    Property value £220,000
    Share percent 40%
    Share percent price £88,000

    ArabicChineseDutchFrenchGermanGreek
    ItalianJapaneseKoreanPortugueseRussianSpanish
    Select text sizeSelect text sizeSelect text sizeSelect text size

HomeBuy Schemes

HomesinHants offers the following different schemes for low cost home ownership. They are designed to help people in different situations find lasting and affordable ways of entering the property market in Hampshire & the Isle of Wight.  They are:

  

 

For more information on the HomeBuy Schemes click here to view our Guide to HomeBuy.

Comparison Table

This table assumes a full market value of £150,000 for a 2 bedroom property:

SchemePercentage purchasedMinimum deposit requiredMortgage requiredMortgage costs pcmRent/interest charge pcmApprox total costs pcm
Outright purchase100%10%
(£15,000)		£135,000£868*n/a£868
Shared Ownership and Resales25%10%
(£3,750)		£33,750£244**£225£469
Shared Ownership and Resales50%10%
(£7,500)		£67,500£448**£150£598
FirstBuy80%5%
(£7,500)		£112,500£599***None for the first 5 years£599
Rental Schemen/a1 months rentn/an/a£550£550


*Based on a 25 year mortgage at an interest rate of 5.98%  Rates and deposits will vary depending on the lender

**Based on a 25 year mortgage at an interest rate of 6.19%  Rates and deposits will vary depending on the lender

***Based on a 25 year mortgage at an interest rate of 4.09%  Rates and deposits will vary depending on the lender

 

Click here to view who can apply?

If none of these schemes match your situation and you are looking for a home, contact us on info@homesinhants.co.uk to find out how to apply for a home to rent.

  

HomeFocus Magazine

If you would like more information on HomeBuy schemes you can visit www.homefocusmagazine.co.uk  The homefocus magazine is also packed full of useful information, home buying assistance and entertaining articles