Homeseekers

Like many other London boroughs, Ealing has a severe shortage of homes. This means that only a small number of people are likely to be housed by the council. The following schemes are provided as alternative rehousing options:

Schemes to help you buy your own home:

New Build HomeBuy (previously called shared ownership)
Shared Ownership resales
Intermediate Market Rent
First Time Buyers Initiative
Rent to Homebuy
London Wide Initiative
HomeBuy Direct
How to apply

Schemes to help you move to a new home:

Out of London Scheme

New Build HomeBuy (previously called shared ownership)
This is a part-buy part-rent scheme. The scheme enables people to buy a share of a newly built property in London. You usually pay a mortgage on the part that you own, and subsidised rent on the part that you don't own. You can buy a further share after buying your home or buy the home outright. Council and housing association tenants and key workers are a priority for New Build Homebuy homes.

Read more about New Build HomeBuy

Shared Ownership resales
These are New Build HomeBuy or Shared Ownership properties that are now available for purchase under New Build Homebuy terms because the existing owners want to sell.

Intermediate Market Rent
This offers you the chance to rent good quality homes at a subsidised rent. Normally between 20% to 30% lower than what you would expect to pay for a similar property in the same area.

First Time Buyers Initiative (FTBI)
You can buy a share in a home on a designated FTBI development with government financial assistance (minimum £25001). You don’t have to repay the part you do not own for the first three years.

Read more about First Time Buyers Initiative

Rent to Homebuy
This option enables you to rent a newly built home at a discounted price. The discount on this Assured Shorthold Tenancy will be a minimum of 20% and could last up to 5 years.  When you are ready to buy and it is agreed with your landlord you can purchase a share under New Build HomeBuy or leave the home.

London-Wide Initiative
A scheme for key workers only. This is a shared equity scheme where the government keeps a percentage stake in the home. No payment is due on the government’s contribution until you sell the home or leave your key worker profession.

HomeBuy Direct 
This scheme helps first time buyers to to buy a home directly from a property developer with the help of and equity loan of up to 30% of the property market value.  There is no monthly charge to be paid on the loan for the first 5 years.

Read more about HomeBuy Direct

How to apply
You can get an application form and find out more information about the above schemes by: