Affordable Housing
Plumlife Open Market HomeBuy Scheme
WHAT IS IT
Open Market HomeBuy Scheme was previously known as "HomeBuy" and enables those who cant afford to buy a property outright, to purchase as home on the open market for just 75% of the asking price. It is part of the government's National Affordable Housing Programme, a programme that brings together a range of low cost homeownership shcemes under the "HomeBuy" brand. Under the new programme it will be easier for first time buyers to access information about and apply for low cost homeownership schemes. The programme aims to help many more first time buyers onto the property ladder.
WHERE/WHAT CAN YOU BUY?
Applicants can apply to purchase any property suitable for their needs that is being sold on the open market anywhere within the selected areas and value limits. Further details are available from the Plumlife Website
WHO RUNS OPEN MARKET HOMEBUY
Most Open Market HomeBuy schemes are offered by Housing Asscociations. Open Market HomeBuy is financed by the government through Housing Corporation or Local Authority.
Plumlife, as part of Great Places Housing Group, will deliver the Open Market HomeBuy scheme in Greater Manchester and Lancashire.
For further information please view the Plumlife Website or contact 0161 447 5050
