Prices in the UK housing market rose despite national financial uncertainty and many people are struggling to find the funds necessary to purchase a home.
As the supply of new houses built and the demand for housing has increased, UK property developers have set up a number of housing schemes to help people buy a home without the need for the loan and affordable payment plan. If you are looking to buy a home in Arizona then you can search for we buy houses investors to make your search easy.
Currently, a number of new developments are available to be purchased with the help of a number of housing schemes mentioned below, including a newly built family home, developments that will come in the heart of London and new homes for sale in Surrey.
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Right to Buy
Right to buy scheme is specifically designed to help council tenants in England to buy their homes at a discount. In order to apply for this scheme, applicants must be a tenant of the council or the public for five years.
A person is classed as a public sector tenant when they have lived in the property provided by a housing association, armed forces or public bodies such as the NHS trust. Not all council properties may be available for purchase through this scheme, and those interested are advised to contact their local housing authority.
New Buy scheme can help people to get a mortgage of up to 95% of the purchase price of their desired home. This scheme applies to newly built flats and houses and is currently only available in English. In order to qualify for this program, applicants must be able to increase the deposit of at least 5% of the purchase price of their property.