How do I buy?

Shared Ownership

The option you never knew existed...

girl in white t-shirt

The criteria:

  • Your household income is no more than £80,000 per year.

  • You don't own a home already.

  • You may be in the process of selling a home, however to be able to buy a Shared Ownership home from us, you must have a buyer for your existing home and complete on the sale prior to completing your purchase with us.

Buying a new home through hello homes can take around 12 weeks. The following list covers the main stages you will go through when buying a new home from us:-

  • Choose your home from the selection on our website

  • Complete a Help to Buy application form via Help to Buy Agent 2 (agent for Midlands and London)

  • Discuss your mortgage options with a Financial/Mortgage Advisor

  • Provide us with your financial information for us to carry out an affordability assessment

  • We will confirm your reservation

  • You pay your reservation fee

  • Instruct a solicitor to carry out the legal work

  • Your mortgage lender will arrange a valuation

  • Finalise your mortgage offer with your lender

  • Arrange any necessary insurance

  • Exchange contracts and pay any deposits

  • Organise your move

  • Agree a completion day and handover of your keys

  • Move in and enjoy your new home