Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Are low cost homeownership schemes only available to key workers and council and Housing Association tenants?

April 26, 2017Association council homeownership HOUSING key Schemes tenants Workers

0

10 Posted

Are low cost homeownership schemes only available to key workers and council and Housing Association tenants?

1 Answer

0

10 Posted

No. The government changed the eligibility for HomeBuy schemes in May 2008 so that they are available all first time buyers with a household income of up to £60,000 gross. Some schemes, however, are still only available to key workers or social housing tenants because of the way they are funded.