London,
01
July
2015
|
14:16
Europe/London

Do you want to buy a home?

homeownershipgrant.jpg
homeownershipgrant.jpg

Council tenants may be eligible for a grant to help them buy a new home to move into.

Do you live in a two bedroom or larger council property? Grants of up to £30,000 are now available for tenants who want to buy a property that is not owned by the Council.

The money has been provided by central government, and we have 20 grants to give out. This is a time limited offer, so if you would like to be considered please fill out the application form as soon as possible to register your interest.

Am I eligible?

Grants will be awarded on a first come first served basis, to tenants who fulfil the following criteria:

  • eligible for right to buy – you are a secure council tenant who has held a public sector tenancy for at least three years
  • you are looking to buy a home that does not belong to the Council
  • you live in a council home with two or more bedrooms
  • you have at least £4,000 in savings (and have proof of this)
  • You have a mortgage certificate showing that a recognised mortgage lender has certified you would be likely to be able to get a mortgage (a mortgage in principle agreement).

You can’t use the grant to buy a council or housing association home, but as long as your new home doesn’t fall into these categories it can be anywhere in the UK.

Find out more

camden.gov.uk/homeownershipgrant

Or contact the mobility team on 0207 974 1237.