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What is HomeBuy Direct?

HomeBuy direct

Pay as little as 70% of the full purchase price of a new home*

New government initiative that's perfect for buying your first home - available now

HomeBuy Direct is a new Shared Equity scheme that is part funded by the government and designed to make new homes more affordable. It's primarily for eligible first time buyers and key workers, but is also available to those re-entering the housing market e.g service personnel and ex pats returning from living or working abroad, and divorced persons requiring their own home.

HomeBuy Direct gives you the opportunity to buy the home you want, with the help of a 5 year interest free loan for up to 30% of the property price*.And with Charles Church, you can choose from a wide range of 1, 2,3 or 4 bedroom properties in great locations. But you need to move quickly to secure your ideal home and your HomeBuy Direct funding.

The new Shared Equity scheme available through Charles Church

  • Pay as little as 70% of the full purchase price of a new home*
  • Get a 5-year interest-free loan for the remaining 30% of the purchase price*
  • Pay no fees on the interest-free loan for 5 years*
  • Have 100% ownership of the new home

Are you eligible for HomeBuy Direct support?

Firstly, you must be looking to buy a brand new home in England and:

1. Want to move out from rented accommodation
2. Have an annual household income of less than £60,000 per annum.

In addition to this;

1.You may be a qualifying first-time buyer unable to afford a new home, or
2. You may be a key worker (e.g. working for the NHS), or
3. You may be returning from working/living abroad, or
4. You may be divorced and require your own home

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Read all the facts
For more information download the HomeBuy Direct buyer's guide. To view the guide you require Adobe PDF Reader or equivalant

Participating developments

*HomeBuy Direct Shared Equity Scheme is available on selected plots at selected developments only, subject to status, terms and conditions. Charles Church can recommend a financial adviser or solicitor that is familiar with HomeBuy Direct. Offer is based on full asking prices and is not available in conjunction with any other offer or promotion. Written details available on request. Charles Church cannot give you any financial advice. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE. †Calls to 0845 numbers are now free with BT depending on your Calling Plan. Mobile and other providers’ charges may vary.

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Frequently Asked Questions

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