MSV

Affordable Homes  for Sale

SnugBug Homes

Take a step towards owning your own home! We offer a range of solutions which enable first time buyers, and others looking to buy, but are faced with the problem of soaring house prices, to get a foot on the property ladder.

Help to Buy

Help to Buy is the umbrella term given to all the different ways you can get on the property ladder with government assistance. The Help to Buy schemes are aimed at those who cannot afford to buy a property on the open market without some help. This is great news for those who have been priced out by spiralling house prices.

Eligibility is quite broad and you may be eligible if you are:

  • A first-time buyer;
  • Going through a relationship breakdown;
  • A housing association tenant;
  • On a housing waiting list;
  • MOD personnel;
  • An older person looking to down-size your home;
  • Being re-housed because of regeneration programmes;
  • A key worker

There are a number of routes to home-ownership under the Help to Buy umbrella – Mosscare St Vincent’s is able to offer Help to Buy assistance through Shared Ownership.

Our Development Team at Mosscare St Vincent’s can guide you through the application process and put you in touch with independent financial advice, first-time buyer friendly solicitors and other support.

Help to Buy Shared Ownership

Shared ownership allows you to buy a share in a new home, typically ranging from 25% to 75%. A housing association owns the remaining share, and you will pay a reduced rent on this share.

This means that you need to obtain a smaller mortgage to buy the property. You can buy more shares as and when you can afford them – this is called ‘stair-casing’. You can eventually own 100% of the property if you want to.

Shared ownership does not mean that you buy with someone you don’t know. It also does not mean that you have to share the property with other people. You can buy on your own and live in the property on your own.

If you would like to know more about Shared Ownership and how it works, please download our Handy Guide. You can apply for a Shared Ownership Help to Buy property through our agent, HelptoBuyNW by clicking the link - http://www.helptobuynw.org.uk/ 

If you are already a Shared Owner and want more information about Staircasing, follow the link here