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Homeownership roadshow: first stop Putney

Release date: Tuesday 10th July 12

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A new programme of home ownership roadshows will get underway in Putney this Thursday evening where residents can find out about the help available to get them on to the housing ladder.

Home ownershipThe events will be hosted by council leader Ravi Govindia and experts from the Town Hall's home ownership team will be on hand to explain how the different schemes work and help people get started with their applications.

Where:  Putney Library, 5-7 Disraeli Road, SW15 2DR

When:   Thursday 12 July 2012 from 5pm - 7pm

The event will cover:

  • The new Right to Buy - where council tenants can buy their homes with a discount of up to £75,000.
  • Social Homebuy - where council tenants can buy a share of their home and pay a reduced rent on the share still owned by the council.
  • House Purchase Grant (Portable Discount) - where council tenants can give up their home in exchange for a grant towards buying a property on the open market anywhere in the European Union. Grants can also be used towards extending the home of a relative or towards buying a Shared Ownership property. Grants range between £7,200 and £48,000.
  • FIRST STEPS Buy (Shared Ownership) - where first time buyers and key workers can buy a share in a newly built property and pay rent on the remaining share.

Leader of Wandsworth Council Ravi Govindia said:

"If you're interested in buying your own home then come along on Thursday and find out how we can help. Whether you're currently living in private or social housing, there are a range of different schemes available and these events will help you to decide which one is right for you.

"We are always looking for new ways to improve our approach to homeownership and these events are also an opportunity for you to tell us about the barriers you've face and how we can help you to overcome them.

"In Wandsworth we believe that local councils have an important role to play in helping aspiring home owners to gain a foothold on the property ladders. Giving people the opportunity to take a stake in their home, and in their community, is key to building and even stronger borough.

"We know that thousands of hard working local people feel trapped in the rental sector and priced out of the London housing market. Helping them to achieve their goal is a top priority for this council."

If you are unable to attend please visit our webpage at www.wandsworth.gov.uk/homeownership or email us at housesales@wandsworth.gov.uk

Details of the next roadshow are now being finalised and will be advertised soon.

ENDS

For more information contact the Wandsworth Council press team at press@wandsworth.gov.uk.

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