What is Affordable Housing?
Affordable housing could be the first step you take in owning your own home at a price you can afford to pay. Affordable housing is:
- About buying a house or flat. It does not have to be renting a property from a Social Housing Provider.
- Often found in new developments. In many cases these houses are designed to be energy efficient and have been built to high standards. Councils can require developers to provide a percentage of affordable homes as part of their planning policies.
- Not just for people with low incomes. You can find out if you qualify by contacting your local housing association.
- About making home ownership available to a wide range of people irrespective of what job you have. It is not just for Key Workers.
Whilst there are a number of different ways in which affordable housing is provided, the schemes may be designed so that you pay less than the market value for your home, or to give you other financial assistance to help you buy your home.
Find out more about the different types of affordable housing:
Co-op Legal Services has a range of partners of specialist Solicitors and Conveyancers who are experts in all areas of affordable housing. They can guide you through the process and give you clear and simple explanations of what is involved.
For Fixed Fee Conveyancing Services in England, Wales, Scotland and Northern Ireland please click here.
Co-op Legal Services has offices in Manchester, Bristol and London.