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Frequently asked questions about the HomeBuy scheme

HomeBuy eligibility criteria

What is the maximum income for access to the HomeBuy scheme?

The maximum household income for HomeBuy assistance is £60,000 or less.

Where are application forms available from?

Interested applicants need to contact the relevant Homebuy Agent for the area where they want to live, for further information.

What is a HomeBuy Agent?

HomeBuy Agents are appointed housing associations who are providing a "one-stop-shop" and point of contact for for the HomeBuy products in a given area in England. They also handle the entire application process.

Applicants for low cost home ownership schemes have to go through rigorous eligibility and affordability checks to ensure that they could not afford to buy a suitable home without assistance.

When will first time buyers be able to apply for this support?

The support is available now - interested first time buyers should contact their local HomeBuy Agent. The Homes and Communities Agency website (external link) gives details of the HomeBuy Agents (external link) who provide a contact point for affordable housing options in different areas of England.

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