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
Open Market HomeBuy
Re-sales
Intermediate Rent
Social Homebuy
First Time Buyers Initiative
London-wide Initiative
How to apply/further
information
Schemes to help you move to a new home:
Out of London Scheme
Seaside and country homes
New Build
HomeBuy
(Part buy part rent, previously called shared ownership)
Enables people to buy a share of a newly built property in
London. You pay a mortgage on the part that
you own, and subsidised rent on the part that you
don't. 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.
Open Market
HomeBuy
Enables council or housing association tenants, key workers
and first time buyers to buy a property on the open market
with the help of an equity loan.
Read more about open market homebuy
MyChoiceHomeBuy
It is a shared equity scheme that aims to help eligible
first time buyers to buy a share in a home and who need financial
assistance to bridge the gap between what they can afford and
outright ownership.
The applicants:
The fee payable is annually reviewed and can be increased by up to RPI + 1% per annum. The equity loan is secured on a second charge basis.
Further information is available on the Metropolitan Home Ownership website.
Re-sales
Available on part rent part buy properties
Intermediate
Rent
Providing quality homes at a reduced rent for key workers.
Key workers can rent a brand new or refurbished apartment at a
subsidised rent. The rent charged is normally 20-30% lower than
what you would expect to pay for a similar apartment in the same
area.
Social HomeBuy
Will enable tenants of local authorities and
housing associations to buy a share in their current home
at a
discount. Please note: This scheme will not be run by all
local authorities or housing associations, please contact your
landlord to find out if they are running it.
First Time Buyers
Initiative
You can buy a minimum share of 50% in a brand new home but
make no repayments on the part you do not own for the first three
years.
London-Wide Initiative
A scheme for key workers only. This is a
shared equity scheme where the government retains a percentage
stake in the home.
How
to apply
You can obtain an application form and find out more
information about the above schemes by:
If you have any questions regarding housing options please telephone 0845 230 8099 or email housingoptions@mht.co.uk.
Seaside and country
homes
The seaside and country homes scheme offers households
living in council housing the opportunity to move home. At
least one member of the household should be aged 60 or above.
The scheme’s landlords manage bungalows and flats along the
southwest coast from Cornwall through the countryside from
Shropshire to Cambridgeshire over to Norfolk and Lincolnshire in
the east.
Please contact the rehousing choice team on 020 8825 7274 for details on how to register.