Discounted Market Sale

Some local authority areas offer what's known as Discounted Market Sale homes.  You buy your home at a discounted rate, usually 20% less than the market value, and when you come to sell, the property will be sold at the same discounted percentage.

So if you bought at 80% of the full market price, when you sell, you'll get 80% of the full value of the property at the time of the sale.

To qualify for this type of property you will generally need to have a local connection to the area the property is in but the local authority will be able to advise on any specific restrictions.

Extra Care Schemes

Extra Care housing supports older people to live independently in their own home.
Extra Care developments provide purpose built apartments in a community setting, with access to on-site care and support services that can be tailored to your needs.
The ExtraCare Charitable Trust supports older people in Retirement Villages and Housing Schemes across the Midlands. Find out more by visiting:

Find out how to apply here.

Forces Help to Buy Scheme

If you’re a regular serviceman or servicewoman in the armed forces, the Forces Help to Buy scheme could let you borrow up to 50% of your salary to a maximum of £25,000, interest free. This advance of salary is for buying your first home, moving to another property on assignment, or as your family's needs change.

All regular service personnel are eligible who:

  • 1) have completed the pre-requisite length of service
  • 2) have more than 6 months left to serve at the time they apply
  • 3) meet the right medical categories.

However, there may be instances where exceptions to the standard rules may be justifiable, especially where you have extenuating medical and personal circumstances.

You can apply for the advance online through the Joint Personnel Administration system and can seek advice on your application through your chain of command and human resources.

For more information, you can also contact the Joint Services Housing Advice Office (JSHAO) on 01252 787574, email or click here to find out more.


Help to Buy ISA

The Help to Buy ISA closed to new accounts at midnight on 30 November 2019.  If you have already opened a Help to buy ISA you will be able to continue saving into your account until November 2029.

If you are saving to buy your first home, save money into a Help to Buy: ISA and the government will boost your savings by 25%.

So, for every £200 you save, you can receive a government bonus of £50. The maximum bonus you can receive is £3,000.  

To qualify for a government bonus, the property you are buying must have a price of £250,000 or less (or a higher price limit of £450,000 in London) and you must be a first time buyer.

Find out more from the government's website here.


Home Ownership for people with long term disabilities (HOLD)

Home Ownership for people with Long-term Disabilities (HOLD): Q&A 

What is HOLD? 

Home Ownership for People with Long-term Disabilities (HOLD) is not a separate housing product but a route into shared ownership. Applicants should apply for affordable home ownership assistance in the standard way, through their Help to Buy agent and must meet the Agency’s general eligibility criteria (that is, they should be first time buyers or be defined as being in housing need) with a household income of less than £80,000 per year.  

What kinds of properties are available? 

Applicants for Government-funded affordable home ownership assistance have access to a range of new build properties produced with Homes and Communities grant-funding. If a property that meets the applicant’s needs is available through a Registered Provider’s shared ownership stock, the applicant will be expected to accept the offered property.

What happens if existing shared ownership properties are not suitable for my needs? 

If there are no shared ownership properties available in a particular area or the existing shared ownership properties are unsuitable, purchase of a property on the open market may be considered. This is fully dependent on a participating Housing association.

In these cases if a provider is known your Help to Buy agent will be able to refer you to this specialist Registered Provider who may be able to assist you further.

This will also be dependent on the specialist provider being able to financially support the purchase.  Applications HOLD funding in these cases will require a letter of support from the applicant’s Local Authority, stating that the applicant has a specific disability that means that standard new build shared ownership properties are unsuitable in their area, or that an applicant needs to live in a particular area where no suitable shared ownership properties are available.

If HOLD is not available in your area your Local Authority will be able to discuss the other housing options available to you to meet your needs, this may not be linked to home ownership but may be via alternative options such as local authority rental schemes.

Important additional information

HOLD is a voluntary scheme. The provision of HOLD funding is dependent on variety of factors. A specialist Registered Provider offering HOLD assistance within a particular area is required; the Registered Provider must have an existing HOLD allocation or be taking part in the HCA’s wider funded programmes.

Here is the current qualifying criteria for HOLD.  Buyers must be:

  • Between 18-60 years old with a clean credit history and no outstanding debts.
  • In receipt of Disability Living Allowance High or Middle Rate Care (under 60s) or Attendance Allowance (over 60s) together with other qualifying benefits.
  • Unable to work in conventional employment (under 60s only).
  • Ideally looking to live on their own.
  • In possession (or in the process) of arranging a suitable Care and Support package, either with a Local Authority, a private care provider or the buyer's family.
  • Able to put down a deposit and pay fees associated with buying their new home - this costs c.£17,000 (this includes a 10% deposit on their share of the property PLUS getting them ready for home ownership and ensuring it's sustainable) AND able to contribute to their housing costs of c.£30 per week.

Applicants are strongly advised to get financial advice on what assistance may be available to them and their ability to afford shared ownership.

If you are claiming disability benefits and want to buy a shared ownership home of your own, then contact My Safe Home Ltd who can give you advice about your options and all the support you might need to help you get onto the property ladder.

Call them on 024 7640 2211 or email

Visit their website at: to find out more.



Intermediate Rent

Intermediate Rents offers new build homes to rent at 80% (or less) of typical market rents.

Homes are available through a range of housing associations on an assured shorthold tenancy, usually for an initial period of six months. This is reviewed regularly.

The expectation is that the savings made on the reduced rent will be used towards a deposit to enable the purchase of a property at a later date.

Find out how to apply here.

Older Persons Shared Ownership (OPSO)

If you are aged 55 or over, the OPSO scheme in England could help you buy any home that’s for sale on a shared ownership basis (part-rent/part-buy). You could buy a share of your home (between 25% and 75% of the home’s value) and pay rent on the remaining share.

It works in the same way as the general shared ownership scheme, but you can only buy up to 75% of your home. Once you own 75% you won’t have to pay rent on the remaining share.

You could buy a home through the OPSO scheme if you’re aged 55 or over and meet the following criteria:

  • your household earns £80,000 a year or less outside London, or your household earns £90,000 a year or less in London
  • you are a first-time buyer, you used to own a home but can’t afford to buy one now or are an existing shared owner looking to move.

Only military personnel will be given priority over other groups through government funded shared ownership schemes. However, councils with their own shared ownership home-building programmes may have some priority groups, based on local housing needs.

Find out how to apply here.


Rent to Buy

Rent to Buy offers new build homes to rent for a pre-defined period of time with the expectation that you will buy a share of the property at the end of the rental period.

Homes are available through a range of housing associations on assured shorthold tenancies with an affordable rent of 80% (or less) of market rents. The rent is payable for a pre-defined and limited period, after which time there is an expectation that you will purchase the property on the terms of Shared Ownership. The rental period provides you with the opportunity to save for a deposit towards buying a share in the home, enabling you to access mortgage availability.

Some housing associations offer variations of Rent to Buy. Some of these schemes are marketed with different names, for example "Try Before You Buy" or "Rent Save Buy", etc. Please enquire with the relevant housing association to clarify the terms under which the scheme you are interested in is being offered.

You will have the opportunity to purchase a share in the property throughout your tenancy. At the end of the rental period, you will be assessed to determine your affordability and eligibility to purchase a share in the property.

If your circumstances have changed and you are no longer able to afford to buy, your landlord may review your tenancy. Please note that there is no guarantee that your tenancy will be renewed after each of the agreed periods.

Find out how to apply here.

Right to Buy

Right to Buy is a government initiative which can enable some tenants to purchase their existing home at a discounted rate. If you are eligible for Right to Buy, you can get a discount on the market value of your home when you buy it.  

If you've been a public sector tenant for three years or more, now might be the perfect time to think about buying your home.

The Right to Buy scheme helps eligible council and housing association tenants in England to buy their home with a discount of up to £82,000 (for homes outside London).

Your home could be an asset and an investment for years to come, for you and your family - giving you the security that home ownership can bring. 

For further information visit:

Discontinued Schemes

If you purchased your property through one of the previous affordable homes schemes or your Help to Buy Equity Loan property has been finalised then any queries should be taken to the mortgage administrator Target HCA.

You can contact them on:


Tel:  03458 480235

Post:  Target HCA, PO Box 911, Newport, NP20 9PA.

Discontinued schemes include:

  • First Time Buyers Initiative
  • HomeBuy Direct
  • FirstBuy