...buy a property?
Home Ownership Schemes
The Home ownership schemes through Shared Ownership and Right to
Acquire are two ways open to tenants and generally people who
cannot afford to purchase a their own home outright. The types of
homes available are newly built properties and existing properties,
which have been refurbished. The home ownership officer will assist
you through the process of purchasing a property and approve your
application to take part in home ownership schemes available.
Shared Ownership
Shared Ownership is intended for applicants who
cannot afford to purchase a suitable home in any other way
outright. These are usually first time buyers of which priority is
given to local authority or registered social landlord (RSL)
tenants and those on waiting lists of registered social landlords
or local authority.
The scheme allows you to purchase a share from the RSL. The
share you purchase is funded by a mortgage which you will need to
arrange with a bank or building society. The remaining share you do
not own is rented from the association. The size of the share to be
purchased will depend on your income and savings. Please contact
Firebird JVC for further information.
Right To Acquire
The right to acquire is a scheme giving eligible
tenants of registered social landlords the legal right to buy the
home they currently rent. There are specific properties which have
been identified which fall under the specific funding regime.
Please contact Firebird JVC to find out which properties are
eligible.
The Home Ownership Officer
c/o Leeds Federated - Firebird JVC
City House
21-27 Cheapside
Bradford
BD1 4HR