What makes you eligible for affordable housing?
So who is considered eligible for affordable housing? People are eligible if they cannot afford to rent or buy housing supplied by the private sector. Increasingly, councils demand that people prove they have had a local connection for over five years before they are eligible to go on a waiting list.
What is the affordable housing scheme?
Broadly speaking, affordable housing schemes aim to make cheaper homes available for people who can’t afford to buy or rent at market rates, but the lack of a standard definition of ‘affordable’ has led to a range of different approaches.
Is affordable housing the same as shared ownership?
Affordable Rent housing – higher rent, less secure housing prioritised by need. Shared ownership – housing that you buy part of and rent part of. Intermediate Rent homes – 80% market rate housing.
Are starter homes affordable housing?
In order to qualify as a First Home, the initial sale of the home cannot be at a price greater than £250,000 (or £420,000 in Greater London) after the discount has been applied. Therefore, local authorities cannot set price caps higher than these national caps.
Are there any housing options in West Cheshire Homes?
There are a range of housing options that are available in the West Cheshire Homes area. Don’t want to miss out on your new home. Sign up for email property alerts today.
How do I apply for affordable housing in Chester?
The application process. The following steps need to be followed to apply. Complete the Affordable Housing Eligibility Form online and return by email to [email protected]. The affordable housing team will check the form and assess your eligibility for the property you are applying for.
What is the Council doing to help with affordable housing?
The Council works closely with housing associations and private developers to make affordable homes available. There are many different types of affordable housing available including shared ownership, affordable rent, discount for sale properties and Government assisted schemes such as Help to Buy.
Are there any starter homes in Cheshire West?
As yet there are no starter homes in Cheshire West and Chester as further legislation needs to be passed to set the eligibility criteria. Starter homes are proposed to work similarly to discounted market sale but with a fixed discount of 20% below local market value.