Help To Buy, and Shared Equity

Shared equity schemes help first-time buyers on low to moderate incomes to buy a home. There are two main shared equity schemes:

  • Low-cost Initiative for First Time Buyers (LIFT) scheme – helps first-time buyers to buy a home on the open market.
  • New Supply Shared Equity (NSSE) scheme – helps first-time buyers to buy a new-build home from a council or housing association.
  • Help to Buy Small Developers – helps people buy a new-build home from small and medium-sized house builders.
  • The First Home Fund is a shared equity scheme to provide first- time buyers with up to £25,000 to help them buy a property that meets their needs and is located in the area where they want to live.

All of these schemes require specialist knowledge and at HMC we can advise on your eligibility and assist with the applications.

"When I started looking to buy my first home I thought it would be near impossible to do this being single with only one income. I engaged with Ken & Cheryl to see what my options would be and found that I could in fact be eligible to purchase my first home with government support, something I did not consider or know about. Ken & Cheryl provide a great service and helped me understand the process throughout and made my dream of becoming a homeowner a reality, I basically gave them my documents and they did the rest which was fantastic I am now looking forward to moving in - Highly Recommend them 5 star service!”
D Paterson