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Home > Housing & Private Property > Affordable Housing

Affordable home ownership

Last Modified December 17, 2015

Home ownership provides long term security, offers you more control over your own housing and can be an investment for you and your family.  Many people wish to buy a home of their own but cannot afford to buy on the open market so this is why the Government has created the Help to Buy Scheme.

There are various schemes available to get help buying a property.  The detail of each scheme varies.  Up-to-date information about the schemes that are currently available can be found by contacting bhpa, the Help to Buy Agent for the Ease and South East.

bpha manage the waiting list for all the various affordable housing schemes and you will need to register with them to be considered for properties.

Visit www.helptobuyese.org.uk for more information, call 03333 214044 or email: helptobuyeastandsoutheast@bpha.org.uk.

bpha opening hours are 9am to 5pm Monday to Friday.

The Local Authority Mortgage Scheme (LAMS)

The council has joined a national scheme that helps first time buyers buy their first home. The scheme is called the Local Authority Mortgage Scheme (LAMS) and is available to first time buyers who can afford mortgage repayments and have a 5% deposit but do not have the larger deposit now required by many mortgage lenders.

The scheme allows us to support first time buyers through the provision of a financial indemnity so that a 95% mortgage can be obtained on a similar interest rate to a 75% mortgage.

For help, or to apply call Lloyds on 07515 096 203.

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