1. Shared ownership housing schemes
Shared ownership schemes are a cross between buying and renting; aimed mainly at first-time buyers. You own a share and then rent the part you don't own at a reduced rate.
All information and advice for all Shared Ownership and Affordable Homes Schemes available in the South West can be found on Help to Buy South West.
Help to Buy offer can offer impartial advice on all the schemes designed to try to help people to buy their own home.
With so many schemes, finding the right Low Cost Home Ownership scheme for you can be a bit daunting. So to try and guide you, answer the following question on your current situation:
What percentage of your new home do you think you could buy with your deposit and mortgage?
Between 25% and 75%? - Help to Buy Shared Ownership could be your route to home ownership
At least 80%? - Looks like Help to Buy Equity Loan scheme could be right for you
Haven't got a deposit yet? - Rent to Buy may be an option for you.