Homebuy imageWe are working in partnership with Tower Homes, to run Open Market Homebuy schemes for Wandsworth.

Who is eligible?
There are currently two products available to applicants registered with us.

MyChoiceHomebuy - where an applicant can receive an equity loan of between 15% and 50% of the purchase price with the loan being provided by the Government in partnership with a consortium of eight housing associations named CHASE.  The remainder of the purchase money is made up with savings and a conventional mortgage.

Ownhome - where an applicant receives an equity loan of between 20% and 40% of the purchase price.  The loan is provided by the Government in partnership with the Housing Association Places for People and Cooperative Financial Services.  The remainder of the purchase money is made up with savings and a conventional mortgage from the Co-operative bank.

In Wandsworth the following groups will be eligible for Open Market Homebuy

  • Social tenants who live in Wandsworth
  • First time buyers who live in Wandsworth and who are registered with the Home Ownership Team

Further information
For further information and to register on the Open Market Homebuy scheme, please contact Tower Homes direct on (020) 8294 5000 or online at www.housingoptions.co.uk

If you are interested in Open Market Homebuy, you may also wish to register with the Council for other affordable sales schemes run by the Home Ownership Team. To register with us please download and complete the application form attached below.

pdf icon Home ownership - application form (571 kb)

If you wish to discuss the Open Market Homebuy scheme further, please contact us on (020) 8871 6016 or call in to Room 44 in the Town Hall between 9am and 5pm Monday to Friday (late night opening until 7pm on Thursday).

Home Ownership Team
Wandsworth Council
Room 44 (Ground Floor)
Town Hall
Wandsworth High Street
London
SW18 2PU

Telephone: (020) 8871 6016
Minicom: (020) 8871 6079
Email: housesales@wandsworth.gov.uk

 

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