Don’t put off owning a property when there are so many ways and means of buying your own home.

If you thought it was impossible to get a foot on the property ladder, think again. Affordable housing was introduced by the Government to help first-time buyers, key workers, council and housing association tenants buy a home through subsidised rates.

The schemes available are run in conjunction with housing associations and developers, who allow purchasers to buy a proportion of a property at a lower cost. Government proposals means around a third of homes on every new housing development, managed by housing associations, will soon be social rented homes at low rates. The rest will be ‘intermediate rents’ – about 80% of the market value.

Your home may be repossessed if you do not keep up repayments on your mortgage.

We do not charge fees for mortgage advice for affordable housing customers.

There are some key criteria which must be met in order to qualify and it is therefore important that purchasers speak with a housing association approved mortgage broker who understands affordable housing schemes thoroughly before proceeding.