New Build HomeBuy

These are mainly brand new flats or houses sold with Government backing on a shared ownership, leasehold basis. The minimum share you may be able to buy is 25 per cent and the maximum is 75 per cent and you can usually choose the share you buy. This will be dependent on income and also what the Housing Association can offer.

You will need to arrange a mortgage for the share you want to buy and ensure you can afford the payments. You will also have to pay an affordable rent to your Housing Association on the share you don't own.
If you want and are able to you can increase your shares in your home until you own 100 per cent of the property. This is known as 'staircasing'.

Our normal fee of £299 is waived in connection with housing association house purchases.

Imperial Independent Mortgage Services Ltd is an Appointed Representative of Personal Touch Financial Services Limited which is Authorised and Regulated by the Financial Services Authority.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.