Social homebuy

Are you unable to afford to buy your home under the right to buy scheme? Then social homebuy may be the answer.

The council will be one of a handful of London boroughs offering tenants the opportunity to buy a share in their home. The scheme, to be launched shortly, will give tenants the opportunity to purchase a minimum 25% share in their home and increase that share in future years until they achieve full ownership. The scheme will give some discount on the first share purchased.