More details about Royal Clarence Marina, Gosport , Hampshire

For Sale 2 bedroom house
Property value £169,000
Share percent 80%
Share percent price £135,200

Who can apply?

If you are trying to get onto the housing ladder but can't afford it, we may be able to help. The guidelines for this are as follows:

You have a maximum household income of less than £60,000 per annum
We recommend you have a household income of greater than £18,000 per annum
If purchasing, have savings of at least £2,500 to cover legal and other costs
If renting, you will need one month's rent and a deposit at the tenancy start date
Most schemes require sufficient savings for a deposit of 10% towards a mortgage, for example a 10% deposit on a 40% share of a property valued at £160,000 equates to £6,400
You must not be able to afford to a buy a home on the open market (you may be a first time buyer, or an existing home owner who needs a larger home to meet your household needs or going through a relationship breakdown. Existing home owners need to be assessed by their Local Authority)
You must sell your existing property if you own one
Applicants in mortgage or rent arrears at the time of their application or who have been in arrears within the past year are not eligible for the scheme
You must be able to obtain a mortgage with a 'high street' or other reputable lender
Homes are offered only on the basis of a maximum of one bedroom more than is needed
When purchasing/renting a flat (as on the open market) pets are not allowed to be kept on the premises without the prior written consent of the Landlord and is still at the Landlord's discretion

Please note from 25 March 2012 the stamp duty exemption for First Time Buyers ceased

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Priority Groups

Please note from the 1st April 2011 the keyworker eligibility criteria no longer applies. Priority will be given in the following order to:

Social tenants (Housing Association and Local Authority tenants) and serving military personnel
Those with local priorities
Other first time buyers

You must be able to afford the costs of purchase on the scheme but be able to demonstrate that you are unable to purchase a property outright.

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Ministry of Defence Personnel

MoD personnel will be prioritised for HomeBuy schemes where they have completed their basic (phase 1) training and they are one of the following:

Regular service personnel (including Military Provost Guard Service, in the Navy, Army and Air Force)
Clinical staff (with the exception of doctors and dentists)
MOD Police Officers
Uniformed staff in the Defence Fire Service
Ex-Regular service personnel who have served in the Armed Forces for a minimum of six years, and can produce a Discharge Certificate (or similar documentation) as proof, where they apply within 12 months of the date of discharge from service
The surviving partners of regular service personnel who have died in service, where they apply within 12 months of the date of being bereaved

For more information about Ministry of Defence Personnel and priority groups, contact Radian on 023 8062 8004 or email info@homesinhants.co.uk.

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Local Authorities

We work closely with the local authorities. Click below to find out more about the local authority in your area:

Some local authorities require that you register on their housing list first before you can be offered a HomeBuy home..

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Hampshire Home Choice

Hampshire Home Choice is a scheme managed by East Hampshire District Council, Havant Borough Council and Winchester City Council which advertises all vacant social housing in the three Council areas aiming to give customers choice in deciding where to live. Once your application has been accepted on to the Hampshire Home Choice housing register you can bid for properties available for rent. For more information on how to register a housing application, search for available properties and view results of previous lettings please click on the following link to Hampshire Home Choice