New Build HomeBuy Through New Build HomeBuy

Known previously as 'Shared Ownership' or 'Part Buy Part Rent', New Build HomeBuy, allows buyers to buy a share in a brand new or refurbished home.

You usually pay a mortgage on the part you own and a subsidised rent on the part you don’t own. As your income rises you can increase the share you own, until you eventually own outright and no longer pay any rent to the relevant Housing Association.