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Homebuy

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Our Homebuy scheme can help people who are unable to meet their housing needs buy a suitable home.

Homebuy is our scheme offering support to households by providing an equity loan (normally 30% of the approved purchase price, but this can be increased to 50%) to assist in purchasing a property.

It is intended to help people who would otherwise need social housing. It is not intended for people who can afford to buy a suitable home without assistance or those who are suitably housed but who wish to move to a more expensive location.

The loan can be repaid at any time but must be repaid when the property is sold.