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Register your interest in the Council’s shared ownership programme with Help to Buy agent.
There are 4 3-bedroom houses available for shared ownership in Nazeing. The properties are sold and managed by B3 living, 1 of Epping Forest District Council’s (EFDC) strategic housing partners.
Residents can buy initial equity in these properties ranging from no less than 25% and no more than 75%. Rent and service charges are then paid on the remainder of the equity.
Buyers can later purchase additional equity to eventually own the property outright.
This is a subsidised route to homeownership provided by the Council to support residents on low and middle income who wish to own their own homes.
Are you eligible?
Applicants must:
- Be at least 18 years old
- Have annual household income of less than £80,000 and cannot buy a suitable property for their housing needs on the open market
- Be first time buyers, although existing owners unable to buy suitable properties for their housing needs on the open market can also apply. They will be required to sell or have sold their property at the same time as buying the shared ownership property
- Show that they are not in a mortgage or rent arrears
- Live and/or work in the Epping Forest district
Preference will be given, in the first instance, to those who meet the above criteria and are registered for housing with EFDC, then followed by other residents.
All applicants are still required to register their interest with the Help to Buy agent.
For more information about the EFDC housing register, visit our apply for council housing webpage.
Register your interest
To be considered for this programme, please register your interest with Help to Buy Agent 3
- Email info@helptobuyagent3.org.uk
- Call 0800 456 1188
- Visit the Help to Buy Agent 3 website
Incredible opportunity
Cllr Holly Whitbread, Cabinet Member for Housing and Community said:
I’m delighted that EFDC is offering Epping Forest residents this incredible opportunity. It is another example of the Council’s commitment to providing affordable housing and support to local people.
Shared-ownership initiatives can help first time buyers get a foot on the property ladder, who might not otherwise have the opportunity to.
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