Buy a home
Yorkshire Housing is providing 3,000 new homes over four years across the Yorkshire region. We’re selling 40 per cent of these homes on the open market or as shared ownership properties.
Support with buying a home
Saving for a deposit to buy a new home can be a challenge. These schemes can help you get onto or move up the property ladder.
Shared Ownership is a great way to get onto the property ladder when you can’t quite afford to buy a home on the open market. You buy a share of your home and make a small monthly payment to rent the remaining share from us. You can buy between 25 and 75 per cent of your home, depending on what you can afford. You can purchase additional shares as and when you are able to, this is called ‘staircasing’. There are no timescales or deadlines on when you must staircase. However the more of your home you buy, the lower your monthly rent payments become. All of our available Shared Ownership properties can be found here.
Help to Buy
The Help to Buy Equity Loan is designed to help you buy a new build home up to the value of £600,000.
An equity loan of 10 to 20 per cent is available to make your purchase more affordable and you will only need a five per cent deposit.
Find out more about this and other home buying schemes by visiting the Help to Buy website.
Buying the home you rent from Yorkshire Housing
Voluntary Right to Buy
The government has announced plans to extend Right to Buy to housing association tenants but is yet to provide any guidance on how this scheme might work and when it’ll be rolled out.
Until this is clear, we’re not in a position to accept applications from social tenants seeking to purchase their property under the new scheme.
If you are a social tenant thinking about buying your home through Right to Buy we recommend waiting for the government to announce details about how this will work before taking any further steps in your application. Any information will be posted on our website as soon as it becomes available.
Right to Buy
This scheme is aimed primarily at council and local authority tenants. However there are a number of Yorkshire Housing customers who qualify as they have the Preserved Right to Buy. This applies to people who were local authority tenants when ownership of their home transferred to Yorkshire Housing from the council.
To qualify for the Right to Buy you need to have remained either in that property or moved to another Yorkshire Housing home. If you have either an old assured tenancy or a secure fair rent tenancy then you can apply for the Right to Buy.
Further information about the scheme is available on the government website
You can apply for Right to Buy by clicking here.
Right to Acquire
You may be eligible to buy your Yorkshire Housing home at a discounted rate under Right to Acquire. You must meet the following criteria:
• your property was built or purchased by Yorkshire Housing and was funded through a social housing grant on or after 1 April 1997
• you’ve had an assured tenancy for at least three years.
Discounts are of a fixed amount with the value determined by the area where you live.
Further information about the scheme is available on the government website.
You can submit online applications here.
If you are unable to apply on line you can contact us on 0345 366 4404 to request a copy of the application form.